Legal & General backs final phase of Cardiff Central Square revamp

Cardiff

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Pension fund to fund delivery of more than 300 build-to-rent homes

Legal & General is to build more than 300 homes for rent as part of a £400m regeneration of Cardiff’s Central Square district.

The finance giant said today that it had exchanged contracts with the Welsh government and property developer Rightacres Property to complete the final phase of the scheme, which it said was the largest privately-funded development in Wales.

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