Legal & General, PGGM and Nest have exchanged contracts with the NHS to buy a 6‑acre Lambeth Hospital brownfield site between Clapham, Stockwell and Brixton for a £350 million build-to-rent neighbourhood of around 700 homes.
Legal & General joint venture buys Lambeth Hospital site for £350 million build-to-rent scheme
Six-acre site is being earmarked for 700 homes
By Paul Norman
CoStar NewsFebruary 25, 2026 | 11:31 AM
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IN THIS ARTICLE
- Properties
- Lambeth Hospital
108 Landor Rd, London, LND
- Companies
- Legal & General
Finance and Insurance
- PGGM Vermogensbeheer BV
Finance and Insurance
- Contacts
- Dan Batterton
Head of Housing, Legal & General Investment Management Ltd