L&G launches build-to-rent business for the suburbs

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Insurance giant says it will build 1,000 rental homes a year by 2024 in suburban locations

Insurance giant L&G has set up a business to develop build-to-rent homes in suburban locations across the UK.

The investment arm of the firm, which has grown a huge residential development operation in recent years, said its Suburban Build to Rent business would deliver 1,000 homes a year by 2024.

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