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Prudential to enter rented housing market

Posted on 02 April 2013

Insurer Prudential is set to become the first institutional investor to enter Britain’s rented housing market in recent times, the Financial Times reported on Monday citing people familiar with the matter.
The Prudential Property Investment Management division - part of M&G, the insurer’s asset management arm - is close to a deal to buy more than 500 homes from housebuilder Berkeley, the FT reported………………………………………..Full Article: Source


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