Legal & General’s affordable housing strategy grows to ￡280m following GMPF investment
Legal & General today announces that it has secured a further ￡150m in commitments for its UK affordable housing strategy, following the recent launch of the Legal & General Affordable Housing Fund, bringing total commitments to the strategy to date to ￡280 million.
Also in today's newsletter...
Housebuilder honey has submitted plans and exchanged contracts on a 16-acre site in Bessacarr, Doncaster, to deliver a ￡53m, 184-home development. - https://www.ukreiif.com/investment-news/honey-home-development-doncaster/
Construction has begun on the latest development at the thriving Melton West business park in East Yorkshire. The ￡10m Evolve @ Melton West development will create 85,000 sq ft of prime commercial space for growing companies, in one of the most sought-after business locations in the region. - https://www.ukreiif.com/investment-news/melton-west-development/
Cain International , a privately held firm specializing in real estate investment solutions, via its Fortwell credit strategy, has agreed a ￡65M revolving credit facility with Lovett Care Limited , a fully integrated UK care home operator. - https://www.ukreiif.com/investment-news/care-home-lovett-cain-international/