L&G becomes Leeds’ largest BTR owner after £140m deal

WHITEHALL RIVERSIDE_VIEW_FINAL

Legal & General (L&G) has become the largest investor and owner of build-to-rent (BTR) property in Leeds after buying Glenbrook’s Whitehall Riverside 500-apartment development in the city for £140m.

The deal, which L&G and Glenbrook said is the city’s largest to date for the sector, will bring forward the scheme, which comprises two blocks of 16 and 19 storeys  and forms part of a wider £280m masterplan being brought forward with property investment and car parking operator Town Centre Securities.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue