trending Market Intelligence /marketintelligence/en/news-insights/trending/KqxpWiVm3cPWGUFyOoIasg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Grainger agrees to sell majority of remaining German resi assets

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Grainger agrees to sell majority of remaining German resi assets

agreed to offloadthe majority of its remaining residential properties in Germany to for a grossconsideration of approximately €53 million.

Theportfolio consists of around 1,100 units located in the North Rhine-Westphaliaregion, according to an April 13 filing.

Thedivestment is in line with the U.K.-based company's strategy of exiting Germanyto focus on investment in the private rented sector back home, where itplans to invest morethan £850 million by 2020.

Followingthe deal with LEG Immobilien, expected to close in the coming months subject toregulatory approval, the company will have less than €11 million of remainingassets in Germany. More than half of the remaining assets are also under offerfor sale, according to the company.

Thecompany said it has offloaded a majority of its German business interests for atotal gross consideration of around €225 million during the financial year.It added that it expects "a modest profit" from the divestments.

InNovember 2015, the company agreedto exit a German joint venture with Heitman and sell it to a "large"German investor for approximately €136 million.