L&G reopens modular housing factory

L&G modular factory

But firm warns City that revenue from other housing businesses including Cala Homes has stopped

Insurance giant Legal & General has reopened its modular housing factory near Leeds little more than a week after revealing it had temporarily closed it due to the coronavirus outbreak.

But the firm said construction work at all of its other housing businesses – which include £1.2bn turnover housebuilder Cala Homes, as well as affordable, later living and build to rent specialist businesses – had been put on hold and that revenue had “stopped”.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community