Announced
Completed
Financials
Tags
Real Estate
Completed
Domestic
Real Estate Holding and Development
newcastle
United Kingdom
Private
Private Equity
Friendly
Acquisition
Majority
Single Bidder
Synopsis
Grainger, a provider of private rental homes, completed its acquisition of The Forge, an apartment building in Newcastle, from Moorfield Group, a private equity firm, for £57m ($81m). "The Forge is proven as a great place to live, and, provides us with immediate rental income, further boosting our ambitious growth plans," Helen Gordon, Grainger CEO.
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