 Grainger Plc LSE:GRI, the property company, is well-placed to navigate the current macroeconomic challenges, JPMorgan JPM believes. Economic trends such as rising non-discretionary heating and eating costs, inflation concerns and potentially higher interest rates are concerning investors and driving share market volatility year to date, the broker noted, adding that these factors played a part in its downgrading sector peer Hammerson to underweight. 