Legal & General (L&G) has announced the funding of a €175 million ($190.87 million) residential development in Belfast, Northern Ireland, committing to the largest residential investment in the region. This will fund the development of 627 new homes, addressing soaring rental demand in the region.
The 627 homes form part of the Loft Lines residential development located within the Titanic Quarter in Belfast, on the banks of the River Lagan and by the Titanic Belfast Museum. On completion, the build-to-rent scheme will be made up of a mix of one-, two- and three-bedroom apartments, including resident facilities such as a gym, dedicated work-from-home space, podium gardens and terraces, and will include 11,000 square feet of commercial space. Loft Lines will be developed by Watkin Jones in partnership with Lacuna Developments, with completion expected in 2026.
Loft Lines will include an additional 151 affordable homes, funded and operated by Clanmil Housing A
