Aviva Investors hires L&G manager for ‘ambitious’ housing plans

In recent years, Aviva Investors has bet big on low-rise private rented houses in the suburbs. It invested around £600m in this sub-sector between 2020 and 2024.

At L&G, Mr Spriggs was the director of the single-family rental business and helped launch the Affordable Housing Fund, which has raised over £510m since July 2024.

He bring credentials as a chartered alternative investment analyst, with property investment experience across multiple asset classes. Before joining L&G, he worked at D2 Private, a European commercial property-led investment firm.

In a post on LinkedIn, Mr Spriggs, said: “Really excited to have joined Aviva Investors to help support on their living strategies.

“Aviva Investors have a stellar track record in the resi [residential] space in both the UK and Europe, having already deployed £1.5bn.

“They were one of the early movers on single-family rental, creating one of the leading ‘all-electric’ portfolios. Exciting times ahead!”

Aviva Investors operates in nine countries and, as of the end of last year, manages £238bn in assets.

Imogen Ebbs, head of strategic investment at Aviva Investors, said: “Aviva Investors has ambitious plans in housing, which is a core constituent of our real estate strategy.

“Having already invested approximately £1.5bn into the sector, we expect to grow that commitment significantly over the next few years.

“Rory brings with him a wealth of experience across the whole sector, which I am sure will be invaluable as we continue to make strong progress in bringing these strategies to life for our investors.”

In June, Inside Housing sat down with L&G to discuss the rapid rise of single-family investment.