Grainger, the UK's largest listed residential property owner, has exchanged contracts to purchase The Ranton Estate, an agricultural and residential complex in Staffordshire, from its trustees for almost EUR 47 mln. The estate produces an annual rent of just over EUR 1 mln.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
