Stew At Grainger Leads To Railway Homes

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Grainger, the UK’s largest residential landlord with over 10,000 rental homes, has mixed a tasty stew and entered a partnership with Blocwork, Network Rail’s joint venture with the Bloc Group, to build around 2,000 homes.

The new purpose-built rental homes will be built across sites in major cities in Great Britain.

Network Rail, Bloc Group and Grainger have recently completed The Barnum, a highly successful 348-home build-to-rent scheme in Nottingham, with Blocwork as developer and Grainger as investor, funding the development and operating it upon completion.

Network Rail’s property portfolio

In this new partnership, Network Rail will bring forward potential sites for build-to-rent from its extensive, well located, property portfolio and with the Blocwork JV as developer, will take the schemes through the planning process, with Grainger actively involved in design proposals. Once planning approval is secured, Grainger will forward fund the scheme and ultimately own and operate the completed schemes.

The selection of the brownfield sites for development follows other successfully completed wider station developments that have been brought forward in major cities. These sites provide excellent transport connections for future residents and align closely to the partners’ strategy of delivering housing that creates long-term value and delivers sustainable regeneration.

Helen Gordon, CEO at Grainger, says: “Having successfully delivered The Barnum with the Network Rail and Blocwork, we see this as a great opportunity to collaborate further and deliver a potential 2,000 much needed high quality rental homes across the country, aligned to our city strategy. This partnership supports Grainger’s ambitious growth plans and provides access to superbly located and well-connected sites.”

 “Following the success of The Barnum in Nottingham with Grainger, this partnership is the natural next step to accelerate the delivery of new homes. As the largest owner of infrastructure-led brownfield land in the UK, the creation of this partnership demonstrates our continued drive to work with strategic partners to unlock opportunities to deliver well designed and well-connected homes and regenerate towns and cities.”

– Robin Dobson 

Group property director at Network Rail

Richard Thomas, development director of Blocwork, says: “The successful delivery of The Barnum in Nottingham with Network Rail and Grainger demonstrated how well this partnership works together. We look forward to continued success by working together with our partners to deliver high quality schemes and a significant number of new homes on brownfield sites across the UK.”

Picture: The Barnum exterior and interior.

Article written by Cathryn Ellis
28th November 2023

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