Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Tue February 20 2018

Related Information
Related Information
Related Information
Related Information

News » UK » L&G plans Brighton BTR scheme » published 1 Feb 2018

L&G plans Brighton BTR scheme

Legal & General is planning to build a development of 200 flats for the private rental sector in Brighton.

The insurance giant has exchanged contracts to acquire land in the centre of Brighton to deliver what will be the seaside city’s first ever build to rent (BTR) development.

Brighton becomes the seventh UK city targeted by Legal & General for its new rental business. 

The site is currently occupied as industrial space. Subject to planning approval, L&G is looking to put up 200 homes and up to 3,000 m2 of commercial space arranged as incubator space to support start-ups and SMEs. 

James Lidgate, chief executive of Legal & General Homes, said: “Our BTR pipeline is growing at pace and it is exciting to see the impact that our developments are making to our UK cities.”  

Legal & General’s BTR business now has a pipeline of almost 2,000 homes, with the aim to have 6,000 in planning, development or operation by the end of 2019. It now has sites in Leeds, Bristol, Bath, Walthamstow, Birmingham, Salford and Brighton.

MPU

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 1 Feb 2018 (last updated on 1 Feb 2018).

More News Channels