Private rental sector giant Grainger has entered the business of homes near transport interchanges.
Its offshoot Connected Living London – which it operates with the property arm of Transport for London – is buying a 195-home Build To Rent (BTR) scheme at Chiswick.
The scheme will be developed in partnership with Barratt Redrow.
The scheme will have 195 new BTR homes, including 95 Discounted Market Rent homes.
The development will also include 4,299 sq ft of commercial space and 5,499 sq ft of internal amenity space for residents including co-working areas and a gym.
The purchase price for the scheme is some £68.4m, split 51:49 between Grainger and Places for London.
This marks Grainger’s first BTR collaboration with a major UK house builder.
Construction is expected to commence in Q1 2026 and practical completion is anticipated in late 2028 with leasing to begin in late 2028 / early 2029.
