Japan’s leading flats builder JVs with L&G for UK push

One of Japan’s largest housing developers has struck a deal with Legal & General to build 1,000 homes for the UK rental market.
Nomura Real Estate Development is aiming to enter the build to rent market and will work in joint venture with L&G, which will operate the properties.
The partnership has acquired its first site in south London to build more than 200 homes, with the remainder of the homes planned to be delivered across other London sites over five years.The site in Herne H