L&G completes largest residential investment in Northern Ireland

Written by Adam Cadle

06/06/2023

L&G has announced the funding of a £150m residential development in Belfast, Northern Ireland, committing to the largest residential investment in the region which will fund the development of 627 new homes.

The 627 homes form part of a residential development, known as Loft Lines, located within the Titanic Quarter in Belfast, on the banks of the River Lagan and by the Titanic Belfast Museum.

Andrew Kail, CEO, Legal & General Retirement Institutional, said: "This significant milestone is a great example of how we’re investing in socially-useful, economically attractive assets and using pension savings to create vibrant and sustainable living environments. Our investment will further elevate what is already one of the most exciting and dynamic urban regeneration areas in Europe, and will help to stimulate job creation, as well as drive economic growth for local businesses.”

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