Housing

Opportunities remain in Irish property market: Legal & General investment head

Sonja Laud said investors are likely to take a “more nuanced approach” to their involvement in real estate in light of interest rate hikes

Legal & General is reassessing its plans for housing globally and may focus on certain types of real estate

The head of investment at Legal & General, the British insurance giant investing millions of euro in social housing projects in Ireland, has said it is “reassessing” its plans for housing globally, but still thinks there are some opportunities in the Irish property market.

The company, which has assets worth €1.4 trillion, opened its European investment office in Dublin in 2018. The firm has a track record in the social and affordable housing sector in ...