L&G launches build-to-rent business for the suburbs

By Tom Lowe2020-11-17T12:16:00

New arm to focus on “new ways of living” in the wake of the covid-19 pandemic

Legal & General has announced the launch of a new housing arm focusing on the development of large, single family build-to-rent homes in the suburbs.

The insurance giant said the new business, which will be part of its housing division Legal & General Capital, will partner with UK housebuilders to build over 1,000 homes a year from 2024 through a direct delivery programme.

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