Build To Rent developer converting industrial estate to 200-unit scheme

Build To Rent developer converting industrial estate to 200-unit scheme


Todays other news


Legal & General is to develop a Brighton industrial estate into the town’s first Build To Rent scheme.

The work will go on at the Longley Industrial Estate and it will be Legal & General’s 11th scheme since entering the BTR sector in 2016. 

The development will also deliver 3,270 square metres of commercial space, to accommodate either a single occupier or arranged as incubator space to support start-ups and SMEs. 

“As a major employer in the area, we are delighted to have received permission to begin developing this scheme, transforming a rare warehouse brownfield site into a vibrant new place whilst helping to tackle Brighton’s shortage of housing” explains Dan Batterton, head of BTR at LGIM Real Assets. 

“The UK needs urban centres that are fit for purpose and can support a creative and sustainable community like Brighton. We are pleased to be bringing the BTR concept to the city, demonstrating that renting can be an aspirational choice and supporting the workforce with the quality homes they deserve.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The deal confirms a Sky News story reported last week...
That’s the claim from flatshare website SpareRoom....
A new report by a think tank wants more tax...
Only one region in England has average rents which are...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
The monthly and annual rates of rental growth are both...
The levels to which leasehold insurance will be capped haven't...
Almost 30 developers are to double the rate they are...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here