UK: Global investor Legal and General (L&G) has appointed Dan Batterton as head of housing for the UK, to lead housing investment across L&G’s asset management business, including build-to-rent (BTR), single-family housing, affordable housing operations and purpose-built student accommodation.
Batterton brings more than 20 years of experience in the property sector and expertise in portfolio strategy. He joined L&G in 2007, where he held positions as head of UK product development and head of residential.
In his 18 years with the company, he has launched several new investment strategies during his time at L&G, notably the BTR platform in 2016, which has grown to over £4 billion and over 10,000 apartments across the UK.
He also contributed to securing co-investment opportunities from UK and international partners to enhance the UK’s rental supply. His appointment is effective immediately.
Batterton said: “I am delighted to be leading L&G’s UK housing business under one integrated platform, bringing together the different tenures we provide to help scale this critical component of our private markets strategy. L&G has a long track record of delivery in this sector, and I look forward to leveraging the partnerships and trust we hold within the market to bring fresh client solutions and housing delivery across the UK.”
Michael Barrie, head of real estate, UK & Europe at L&G, said: “Dan has been instrumental in the development of L&G’s housing platform, with a track record of scaling investment strategies in nascent segments of the market. The UK faces a severe housing crisis, and we are seeing growing demand from clients seeking exposure to the sector, offering attractive returns alongside positive social impact.
“L&G is committed to expanding our housing footprint to help deliver much-needed homes across the country, and I look forward to working with Dan to execute our growth plans and take this vital component of our strategy from strength to strength.”
Highlights:
– Legal & General has appointed Dan Batterton as head of UK housing to lead residential investment across its platforms
– He launched L&G’s £4 billion BTR platform in 2016, now delivering over 10,000 apartments
– Batterton joined L&G in 2007 and has over 20 years of experience in property and portfolio strategy
– He helped secure UK and international co-investment to grow rental housing supply
