Nomura Real Estate Enters UK Housing Market in Strategic Partnership with Legal & General
Japanese property giant Nomura Real Estate has entered the UK housing market through a strategic partnership with Legal & General, aiming to develop over 1,000 new build-to-rent homes across the country. This marks Nomura’s first foray into UK residential real estate and reflects growing international interest in Britain’s rental housing sector, which continues to face a chronic supply-demand imbalance.
The homes will be delivered via Legal & General’s established build-to-rent platform, focusing on sustainable, professionally managed accommodation in high-demand urban areas. While specific sites have not yet been disclosed, the developments are expected to target regional growth centres and major cities where rental demand is strongest.
Both companies see the partnership as an opportunity to address the UK’s housing shortage while delivering stable, long-term returns. Legal & General emphasized the social impact of the initiative, while Nomura sees the deal as a foundation for future expansion in the UK and Europe.
As institutional capital increasingly flows into the build-to-rent sector, the Nomura-L&G collaboration underscores the UK market’s appeal as a resilient and scalable destination for global real estate investment.
