Finance

Brentwood council selects Morgan Sindall as partner on £1bn development plan

By 2019-03-22T07:52:00

L&G Affordable Homes

Morgan Sindall’s investment arm has been selected as Brentwood council’s preferred partner to fund the borough’s plans to build new homes and other schemes for the next 30 years.

The 50-50 joint venture has a potential contract value of up to £1bn and will provide new homes, mixed-use developments, public spaces, commercial and leisure facilities on the council’s portfolio of land. Through the partnership, Morgan Sindall Investments (MSIL) will deliver funding and commercial expertise to bring forward redevelopment at pace and scale that will transform the borough.

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