Breaking News

U.K. July Retail Sales Rise 0.1%; Median Estimate 0.4% Increase
Tweet TWEET

Aviva Plans Rental Property Fund, Talks to Builders, FT Says

Aviva Plc is in talks with homebuilders including Telford Homes Plc to construct rental homes in the southern part of the U.K. as part of a $1.6 billion investment, the Financial Times reported, without saying where it got the information.

The London-based insurer wants to create an investment fund to buy and rent residential property in partnership with CB Richard Ellis Group Inc., the newspaper reported.

To contact the reporter on this story: Alexander Kwiatkowski in London at akwiatkowsk2@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.