Market Leads & Opportunities
Galliford Try bags £120m London build-to-rent job
Legal & General has awarded regeneration specialist, Galliford Try Partnerships a £120m contract to deliver a 440-home private rental scheme in North London .The Blackhorse Mills scheme is located 200m from Blackhorse Road tube station in Walthamstow and is due to complete in early 2020.It will provide Waltham Forest with a mix of homes ranging from studio flats to 3-bedroom homes and includes 20,000 sq ft of commercial accommodation.L&G is aiming to invest £1bn in private rental housing, having raised capital from major pension funds for an open-ended build to rent fund, as well as a £600m joint venture investment by Legal & General Capital and PGGM.As well as Walthamstow, it is building schemes in Bristol, Bath and Leeds. Focused on key urban regeneration areas centred around transport hubs, it is targeting schemes of over 150 units.
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