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.

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