Grainger completed the acquisition of The Forge from Moorfield Group for £57m.

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.