April 28, 2026
Lloyds Living appoints new CIO
Lloyds Living has appointed Chris Duggan as chief investment officer, bringing back a senior figure involved in the platform’s original launch as it looks to scale its investment across the UK rental housing market.
Chris returns to the business he helped establish after several years at Legal & General, where he was investment director in its single-family rental arm. He was part of the founding senior team at Citra Living, which later rebranded as Lloyds Living, before joining L&G to focus on investment and operational strategy.
He brings around 15 years of investment experience to the role and has overseen the deployment of more than £1bn into single‑family and multifamily rental housing across his time at Lloyds Living, Citra and L&G. His work has included some of the largest institutional commitments to the UK “living” sector to date.
Earlier in his career, Chris spent seven years in capital markets at JLL and Knight Frank, advising institutional investors on residential and mixed‑use transactions.
He is a member of the Royal Institution of Chartered Surveyors and holds the Chartered Alternative Investment Analyst designation.
As chief investment officer, Chris will be responsible for investment strategy, capital allocation and deployment across Lloyds Living’s single‑family rental and affordable housing platforms. The business is one of the UK’s largest institutional investors in single‑family rental — the fastest‑growing segment of the living sector — and has set out plans to materially expand its portfolio in the coming years.
Partnerships are expected to remain a core part of that growth strategy, including investment partnerships with housebuilders and developers and development partnerships aimed at accelerating the delivery of new homes. Chris has built particular experience in this area through his work with institutional capital and residential developers.
His appointment comes as Lloyds Living continues to expand its role in addressing the UK’s structural housing shortage, against a backdrop of sustained demand for rental housing and increasing institutional interest in the sector.
Matt Burgess, CEO of Lloyds Living, said:
“We are delighted to welcome Chris back to the business. He played an important part in shaping Citra in its early days, and the experience he has gained since — particularly in structuring partnership investments at scale — makes him exactly the right person to lead our investment strategy at this stage of our growth.”