25-03-2024 16:26 via constructionenquirer.com

L&G looks to sell Cala Homes in exit from house building

Insurance and investment giant L&G is reported to be looking to sell its Cala Homes business.
The Enquirer understands that volume house builders have been approached in the last few weeks ahead of a formal sale process being initiated.
A potential sale comes as volume house builders report a more optimistic outlook about the marketplace with land transactions starting to pick-up.
The city has also been anticipating further M&A activity following the announcement of Barratt’s &poun
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