L&G strengthens housing delivery team

Aaron Morby 8 years ago
Share

Legal & General has made a double hire to bolster its housing team, poaching two senior figures from Berkeley Homes and Essential Living.

Damon Brown and David Jones
Damon Brown and David Jones

Essential Living’s Damon Brown joins as a construction portfolio manager, principally responsible for overseeing the construction activities within L&G’s urban regeneration projects.

He will also assist with L&G’s wider housing initiatives, including its investments into build-to-rent and build-to-sell.

With over 15 years’ construction industry experience, he joins from Essential Living, before which he was a senior project manager at BAM Construction.

Also David Jones joins L&G from Berkeley Homes as modular integration director, responsible for the interaction between the factory and internal/external clients.

Before that he worked for Skanska for 15 years.

Legal & General is seeking to  transform the house building industry with its new modular housing business.

Its ambitious plan is to directly build 70,000 new homes over the next five to ten years, using precision-engineered manufactured units produced at a 550,000 sq ft factory in the North of England.

Due to employ over 400 local people and representing the largest modular homes construction factory in Europe, when at full capacity it expects to produce up to 3,500 homes per year.

Both appointments are new roles to the business and will report into James Lidgate, LGC’s Director of Housing.

James Lidgate, Director of Housing at Legal & General Capital, said:  “Having built up a strong leadership with relevant housing expertise across our platform, L&G owns a successful portfolio of active housing related investments, notably: CALA, our build-to-rent model and L&G Homes, all of which have proved profitable and which are projected to continue to grow successfully.

“Differentiated from our investors in this space, L&G’s long term, develop-to-hold approach allows it to invest for the future, developing high quality homes with an enduring appeal.”

Latest news

Breyer Group battles for survival as rivals circle

Housing maintenance firm fights three winding up petitions in a month
10 hours ago

Galliford Try gets go-ahead for Milton Keynes PRS tower

33-storey tower needs gateway 2 approval before work can start
5 hours ago

Careys facing £2.4m claim by developer over demolition cartel

Giant Hong Kong developer claims it was overcharged on Lots Road Power Station job
10 hours ago

Lendlease Construction renamed Bovis

US private equity firm completes £35m purchase of UK contracting business and rebrands
9 hours ago

Multiplex profit drops a third as revenue rises to £780m

Spate of new orders sets contractor up for three years of work
10 hours ago

Galliford Try and Breheny land latest Sizewell C road deals

More infrastructure deals for new nuclear power station
1 day ago

Worker trapped in collapsed septic tank pit

Contractor and director fined after worker suffers multiple fractures
11 hours ago

Homes England buys stalled Broad Marsh site

Demolition to finally be completed as developer hunt begins
22 hours ago

Vistry go-ahead for 353 homes at Rochester Riverside

Work to start on next phase of Kent town regeneration at end of this year
1 day ago

M&E firm J S Wright collapsed owing £19m

Trade creditors hit for £11.4m by employee-owned Midlands firm
1 day ago

Right to work checks to be extended to self-employed

Government plans crackdown on illegal working and rogue employers
1 day ago

Midlands developer turns to London with £1bn resi schemes trio

SevenCapital plans 1,000 flats in Kensington, Islington and the Isle of Dogs projects
1 day ago

Deck falls off huge scissor lift at Winvic site

Two men seriously injured as platform plunges to the ground
4 days ago

Weston targets Build to Rent with new division

Weston Partnerships signs first deals with asset managers and councils
1 day ago

Bouygues seals deal for £119m Cardiff college campus

Construction to start in June on two new buildings
4 days ago

£140m cash injection to speed-up flood defence schemes

Funding part of £2.65bn investment over the next two years
1 day ago

Bid race starts for £15bn schools framework refresh

DfE throws framework open to more contractors
4 days ago

Berkeley’s £600m Borough Triangle project approved

Controversial scheme features two towers of 38 and 44-storeys
5 days ago

London Mayor calls in blocked 600-bed student scheme

Refused 20-storey London PBSA block may still be built
4 days ago

HG to build 500-bed London Stratford student scheme

Work will start later this year subject to gateway 2 safety approval
5 days ago

Arrest after pedestrian death on construction site

Tragedy during site preparation works for new Wigan car park
4 days ago

British Steel threatens closure of Scunthorpe blast furnaces

Chinese owners say sectional steel and rail supplies will be maintained
5 days ago

Planning green light for Sheffield warehouse site

Existing factories to be demolished in new scheme for Rula Developments
4 days ago

New rail property company to unlock land for 40,000 homes

First four sites released in Newcastle, Cambridge, Manchester, and Nottingham
5 days ago

Drainage specialist Subscan files administration notice

Specialist employing 131 people files court notice
5 days ago

Four win Network Rail £300m engineering design deal

Eastern region deal will include design for Northern Powerhouse Rail
5 days ago

Funding go-ahead for Banwell bypass after fresh cost hike

Galliford Try contract rises £14m to £64m after final design change
6 days ago

Graham wins Southport £75m Marine Lakes Centre

Firm replaces Kier which parted ways with backer Sefton Council
6 days ago

Chancellor unveils extra £2bn capital spend a year

Construction promised a defence dividend in military base and homes upgrade work
6 days ago

McLaren confirms subcontractor team on £135m warehouse job

Work starts on TN2 Gateway site in Kent.
6 days ago

Contractor services