Grainger plc designs, builds, develops, owns and operates rental homes in the United Kingdom. It operates through three segments: Private Rented Sector (PRS), Reversionary, and Others. The PRS segment includes stabilised PRS assets and private rented properties under construction through direct development and forward funding arrangements. The Reversionary segment consists of regulated tenancies and CHARM, a portfolio of residential mortgages, while the Others segment includes legacy strategic land and development arrangements. The company was formerly known as Grainger Trust Plc and changed its name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.