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News » UK » L&G adds to housing team » published 19 May 2017

L&G adds to housing team

Legal & General has made two senior appointments to boost its factory-built housing drive.

L&G's house factory in Sherburn, Yorkshire Above: L&G's house factory in Sherburn, Yorkshire

Damon Brown joins Legal & General (L&G) from Essential Living as construction portfolio manager and David Jones joins from Berkeley Homes as modular integration director.

Damon Brown will be principally responsible for overseeing the construction activities within L&G’s principal urban regeneration projects. L&G has a pipeline of more than 70,000 new homes over the next five to 10 years and is involved in some of the UK’s largest regeneration schemes.

David Jones takes charge at L&G of the interaction between the new modular housing factory and its clients. Legal & General has a 550,000 sq ft factory in Yorkshire that is said to be the largest modular homes construction factory in Europe. When at full capacity it expects to produce up to 3,500 homes per year.

Both roles are new to the business and report to director of housing James Lidgate, who said: “Having built up a strong leadership with relevant housing expertise across our platform, L&G owns a successful portfolio of active housing related investments, notably: Cala, our build to rent (BTR) model and L&G Homes, all of which have proved profitable and which are projected to continue to grow successfully.  Differentiated from our investors in this space, L&G’s long term, develop to hold approach allows it to invest for the future, developing high quality homes with an enduring appeal.” 

 

 

MPU

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This article was published on 19 May 2017 (last updated on 19 May 2017).

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