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Grainger outperforms UK market
Residential landlord Grainger said yesterday that its UK portfolio was outperforming the wider housing market after its valuations rose 2.8 per cent in the first half of the year. Completed UK sales rose 5.8 per cent year-on-year to £94.6m in the six months to 31 March, while net rental income increased by 16.4 per cent to £31.8m.