John Laing to Pair With Macquarie in GBP200 Million Retirement JV -Sky News
April 08 2021 - 1:37AM
Dow Jones News
--John Laing Group PLC and Macquarie Group Ltd. will launch a
200 million pound ($274.8 million) joint venture to deliver
hundreds of rented flats for the elderly, Sky News reports, citing
unnamed sources.
--The JV will establish Brigid Investments to finance the
development of McCarthy & Stone PLC's retirement living rental
portfolio, Sky News reports.
--A deal was signed by the three companies recently and
completion is expected by the end of June, Sky News reports.
Full story: https://bit.ly/3fS5rj9
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(END) Dow Jones Newswires
April 08, 2021 01:22 ET (05:22 GMT)
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