Nomura Real Estate starts construction on 278-unit London build-to-rent project with L&G

Reuters2026/07/24 05:06

By:Reuters

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Nomura Real Estate Holdings started construction in July 2026 on its first UK rental housing project, a build-to-rent scheme in Herne Hill, south London.
The development with Legal & General targets 278 apartments across five buildings, including 85 affordable homes to be acquired and managed by Sovereign Network Group.
The project secured planning changes to lift unit count from 218 to 278, marking the first deal under Nomura’s UK build-to-rent partnership with L&G.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nomura Real Estate Holdings Inc. published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nomura Real Estate starts construction on 278-unit London build-to-rent project with L&G

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