LONDON : One of Japan's largest property developers has struck a deal with Legal & General to build more than 1,000 homes in Britain's rental housing market, where demand for properties far exceeds supply. It's Nomura Real Estate's first foray into the UK rental home market, which has seen increasing foreign interest in recent years, with U.S. firms Blackstone and PGIM among those that have been pouring in cash. Britain's rental market offers the prospect of long-term returns and institutional

Tag-uri: Real Estate