John Laing Group has entered into an agreement to acquire the remaining 50% interest in Brigid Investments Limited (Brigid) from Macquarie Capital. Following completion of the transaction, John Laing will own 100% of Brigid.

Brigit is a UK-based retirement accommodation business and it invests in purpose-built, completed and let retirement living units developed in partnership with McCarthy Stone. Brigid benefits from a three-year exclusive option with McCarthy Stone to acquire follow-on investments in an additional 500 units.