Prupim, M&G's real estate investment management arm, has agreed to buy a £105.4m residential portfolio from Berkeley Group Holdings, marking a significant foray into UK rented housing by an institutional investor.
The 534 private rental houses - located in 13 areas across Greater London, the south east and southern England - are expected to be completed in June, with construction partially funded by the Home...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date