L&G Builds £750M Affordable Housing Business
LGAH has posted record delivery for its affordable homes division and has made a £35M acquisition for a collection of shared ownership schemes.
LGAH has posted record delivery for its affordable homes division and has made a £35M acquisition for a collection of shared ownership schemes.
The UK-based financial services and asset management firm is betting it can grow in the U.S., using the same strategies that helped it succeed in its homeland.
Legal & General, PGGM and Nest have acquired a former NHS site in Lambeth with plans to develop a £350M BTR-led mixed-use scheme.
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LGC is making a return of 10%-12% a year.
L&G is expanding further into the growing data centre world.
The capital L&G raised so far will be used to build up to 4,000 new affordable homes.
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