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Announced

John Laing to acquire the remaining 50% stake in Brigid Investments from Macquarie Capital.

Synopsis

John Laing, a British investor, agreed to acquire the remaining 50% stake in Brigid Investments, a UK-based retirement accommodation business, from Macquarie Capital, a global financial services group. Financial terms were not disclosed. “We are pleased to have increased our interest in Brigid to 100% ownership. There is currently a structural supply shortage of retirement rental units in the UK and a growing ageing population looking for independence and a sense of community in their later years. We look forward to continuing to work with McCarthy Stone to provide additional rental housing stock to meet these needs," Ben Loomes, John Laing CEO.

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