L&G’s suburban BTR business secures £150m loan
The loan was backed by HSBC UK, Barclays and Natwest, and according to LGSBTR, will help to address the ‘significant demand’ for quality rental housing across the UK
Legal and General’s Suburban Build-to-Rent (LGSBTR) business has signed a £150m five-year revolving credit facility to help finance its pipeline of 1,000 BTR homes.
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