Lloyds-backed equity investor, HGP, has made a significant move in the Midlands by investing £17.7m across seven housing projects, one of which is dedicated to Build to Rent. This investment, which has been carried out since the beginning of the year, will support the rapid development of 557 Build to Rent and for-sale properties, addressing the housing shortage in the Midlands. Among the projects is a Build to Rent scheme set to introduce 171 new apartments in Leicester’s city centre in collaboration with Monk Estates. Other notable projects include the sustainable transformation of the former St. Mary’s Hospital in Melton Mowbray and various housing and apartment schemes in Birmingham, Sutton, Tansley Gardens, and Derbyshire. Mike Murphy, HGP’s Investment Director for the Midlands, emphasized the company’s commitment to environmentally and socially beneficial projects in the region.