Grainger executives in Top 100

Grainger executives named in poll of most influential people in residential property

Grainger plc, the UK’s largest listed residential landlord, is pleased to announce that Chief Executive Andrew Cunningham has been voted the third most influential person in the UK residential property sector in the RESI 100 survey, conducted by Property Week. Executive Property Director Nick Jopling was also named in the poll, in thirty-seventh place. The results of the poll are a strong recognition by the real estate industry of the contribution both Andrew and Nick make to the sector.

The poll noted the scale of Grainger’s residential holdings, with approximately £2.4bn of directly owned properties and £3.1bn of assets under management, and gave Andrew Cunningham credit for his work in campaigning for a more professionally managed private rented sector – much of which was addressed in the most recent budget. It concluded that this “bodes well for Cunningham in Grainger’s centenary year in 2012”.

Nick Jopling joined Grainger plc as Executive Property Director in September 2010, and his recognition in the poll goes to underline the strength of his reputation in the industry and the value he brings to the Company.

Commenting on the poll, Andrew Cunningham, Grainger’s Chief Executive said:

“It is a great honour to be voted for by so many of my peers in the industry, and I am very pleased that my colleague, Nick Jopling, was also recognised by the poll. We will continue to work hard to ensure that Grainger maintains and builds on its market leading position in the residential property sector.”

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For further information, please contact:

Grainger plc
Kurt Mueller
Tel: +4402077954700
Tel: +4401912611819

Financial Dynamics
Dido Laurimore/Stephanie Highett / Will Henderson
Tel: +4402078313113

Notes to Editors

Grainger plc is the largest residential property owner and manager traded on the London Stock Exchange. Our business activities in the UK and Germany cover ownership, trading, fund management, property management and development of residential property. Grainger is also a leading provider of retirement housing solutions, including home reversion products through Bridgewater Equity Release. We have approximately £2.4bn of wholly-owned property assets and £3.1bn of assets under management.

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