The UK’s largest local government pension scheme is in talks to buy a 1,000-unit single-family housing portfolio from U.S. giant Blackstone.
Border to Coast is close to completing a deal to buy the portfolio of assets that are part of Blackstone’s Leaf Living platform for £450M, Green Street News reported. 
The portfolio is a mix of completed units and those under development, and Border to Coast will pay for units as they are completed, Green Street said. They are mainly in the south-east and Midlands. 
Funds in the UK’s growing LGPS sector have been major investors in UK single-family housing over the past…​