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BRIEF-Insurer L&G forays into Britain's retirement housing market
August 4, 2017 / 7:21 AM / 2 months ago

BRIEF-Insurer L&G forays into Britain's retirement housing market

Aug 4 (Reuters) - LEGAL & GENERAL GROUP PLC:

* ANNOUNCES ESTABLISHMENT OF INSPIRED VILLAGES GROUP, WHICH IS FORMED OUT OF ENGLISH CARE VILLAGES

* ANNOUNCES ACQUISITION OF THE ASSETS OF TWO JV BETWEEN ENGLISH CARE VILLAGES AND PLACES FOR PEOPLE FOR AROUND 40 MLN STG‍​

* WITH LEGAL & GENERAL‘S LONG TERM FINANCIAL BACKING, INSPIRED VILLAGES WILL ACQUIRE SEVERAL SITES PER YEAR‍​ Further company coverage:

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