Grainger has advanced Alloy, and Assay was fully occupied with 3.6% rental growth. Alloy's rent is still years away, and the 35% profit-growth goal for fiscal 2029 remains a target, but construction progress and phase-one demand support a positive reading.
This moves Grainger closer to adding rental homes. Assay's full occupancy and rent increases point to demand. Alloy's rent will not begin until 2028, and the company's growth goal remains a target. Still, construction progress and demand at phase one support a positive reading.
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