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LONDON - Grainger plc (LON:GRI), the UK’s largest listed residential landlord, announced Wednesday that its flagship Oxford build-to-rent development has reached full occupancy in seven months, significantly ahead of the initially projected 12-month timeline.
The 150-home development, known as The Kimmeridge, launched in March 2025 and has experienced strong leasing momentum, according to the company’s press release statement. The property is described as the first and only build-to-rent scheme in Oxford.
Located west of Oxford city center, The Kimmeridge features over 2,000 square feet of shared amenity space, including a 24/7 gym, residents’ lounge, co-working areas, a landscaped courtyard, and a rooftop terrace.
"Reaching full lease-up at The Kimmeridge in such a short period is an outstanding achievement and clearly demonstrates the compelling demand for our homes in Oxford," said Helen Gordon, Chief Executive of Grainger.
Grainger currently manages over 11,000 rental homes across the UK and has a development pipeline of approximately £1.3 billion, comprising around 4,500 build-to-rent homes.
The company stated that this leasing milestone aligns with its strategy to deliver long-term returns and progressive dividends for shareholders while addressing demand for rental housing in key UK cities.
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