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L&G and NatWest Group Pension Fund form £500m JV for retirement home portfolio

By 2021-08-03T08:53:00

Old people

Source: Shutterstock / Photographee.eu

Legal & General has entered into a 15-year joint venture partnership with NatWest Pension Trustee Limited (NWPTL), the defined benefit pension scheme of NatWest Group, to invest £500m of equity in building later-living communities.

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