- Grainger
- 09 July 2025 07:48:52
Source: Sharecast
The Kimmeridge, one of Grainger's flagship developments and the only BTR scheme in Oxford, comprises 150 homes and over 2,000 sq ft of shared amenity space for residents, including a gym, lounge, co-working spaces, courtyard and terrace.
The 60% lease-up rate achieved since March is well ahead of expectations and underwriting, the company said, and highlights the strong demand for the development.
"We are absolutely delighted with the exceptional lease-up performance at The Kimmeridge. To achieve c.60% lease-up in just three months is an outstanding result, reflecting the compelling demand for our high-quality rental homes in Oxford and the strength of our inhouse leasing capabilities," said Grainger's chief executive Helen Gordon.
She said that the strong take-up so far "validates our investment in Oxford, a key location for Grainger, and strengthens our confidence in continuing to invest in our target locations and delivering strong rental growth".