Legal & General Property (LGP) has announced the appointment of Mike Powell as residential transactions manager, as it looks to accelerate its activities in the build-to-rent sector.
Legal & General Property (LGP) has announced the appointment of Mike Powell as residential transactions manager, as it looks to accelerate its activities in the build-to-rent sector.
Powell joins the company from Barratt Homes where he was a land manager responsible for acquiring development sites within London and the surrounding counties.
He previously worked as a land buyer for Persimmon Homes.
Supporting LGP’s head of residential, James Lidgate, Powell will be focused on sourcing land development opportunities across the UK’s major cities that are suited to its new build-to-rent investment model.
With an appetite to invest up to £1 bn, to date L&G has acquired two key build-to-rent regeneration sites, comprising of a 300-400 home scheme in Walthamstow and a 90-unit block in Salford.
