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Grant opts for Sandstone as new REIT venture unfolds


By Kristy Dorsey
Twenty-five years is a long time to be in business with an accidental moniker, so no one could accuse Peter Grant of having rushed into the rebranding of his property investment and management business.
Based in Scotland with 2,000 properties throughout the UK, the company now known as Sandstone focuses on handling buy-to-let housing targeted at university students and young professionals. What began when Mr Grant and his former wife Colette bought a single run-down house in Edinburgh has grown to managing £500 million of property owned by clients from 40 countries around the world.
“The name was given to us by our tax accountant who said early on, ‘For the purposes of this meeting, can we call the company Grant Property?’, and the name stuck with us for 25 years,” he said. ....

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