Legal & General set to build 650 rental homes in Woolwich

By Hamish Champ2018-07-04T10:04:00

Development will benefit from recent investment in the south east London district, including a new Crossrail station

Legal & General plans to build more than 650 rental homes on a brownfield site in Woolwich, south east London.

The scheme, which is subject to planning approval, will also feature 21,000ft² of commercial space and will be built on the site known as Macbean, near Woolwich Overground station.

Completion of the deal to buy the site, which it acquired with co-investors Legal & General Capital, Dutch pension fund provider PGGM with funding from L&G Investment Real Assets, is dependent on gaining planning permission.

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