 Grainger Plc LSE:GRI has sealed a deal to fund a build-to-rent scheme in Bristols Redcliff Quarter, taking the number of its homes in the city to 900 when complete. The 128mln agreement will give the company control of the second phase of the development, covering 374 private rental sector PRS homes and 94 affordable homes, with a targeted 6 yield on cost once fully let and stabilised. 