WBD has advised its longstanding client Grainger plc, the UK’s largest listed residential landlord, on its agreement to acquire a 259-home build to rent development in Derby on a forward funding basis for c.£36m, alongside Leeds-based property developer St James Securities.
This is Grainger’s first investment in Derby, a target city for Grainger’s national build-to-rent and PRS investment strategy.
A multi-disciplinary WBD team advised Grainger on the deal, led by partner Tom Willows, with the firm providing specialist real estate, construction, planning and tax expertise.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
