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Connected Living London (CLL), the partnership between TfL and Grainger, has a Strategic Business Plan which governs how the partnership acts and identifies objectives including the delivery of quality rental homes. There is equal representation throughout the governance structure, meaning that TfL and Grainger plc have an equal say on how each site is developed and managed. This partnership means TfL can share in the long-term revenue created while leveraging Grainger’s unique experience as the largest build to rent landlord in the UK.
TfL will retain the freehold of all the sites to ensure that it retains standard landlord controls and protections.