L&G Affordable Homes buys 390 shared ownership homes from Orbit Group

By Carl Brown2024-07-02T10:56:00

For-profit provider adds to growing housing portfolio as Orbit seeks geographical efficiencies

Legal & General Affordable Homes (LGAH) has bought 390 shared ownership homes from Orbit Group for nearly £35m.

The for-profit provider says the acquisition is part of its affordable housing sector investment strategy which it says has delivered 16,000 homes since 2020.

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