News

Housing association MTVH via its shared ownership brand So Resi, and Legal & General Affordable Homes (LGAH) have joined forces to create a 50:50 joint venture targeting the delivery of over 2,500 shared ownership and affordable rent homes over the next seven years.

The sites in Atlanta, Georgia and Providence, Rhode Island will deliver over 300,000 sq. ft. of lab, science and technology space, acting as a major catalyst for innovation growth.

Legal & General Modular Homes has been selected by the City of Wolverhampton Council as its preferred developer from a strong field of contenders for one of the largest city centre residential development opportunities in the Midlands.

West Midlands Combined Authority (WMCA) Mayor, Andy Street, and Legal & General (L&G) CEO, Sir Nigel Wilson, have today signed a partnership agreement and committed to invest £4 billion in regeneration, housing and levelling up across the West Midlands.

Bruntwood SciTech, the UK’s leading science and tech specialist property provider, is set to join Glasgow’s innovation district and supercharge city’s tech sector.

The latest edition of L&G’s Rebuilding Britain Index (RBI) shows improvements across Jobs and the Economy are offset by a worrying downward trend in Britain’s access to healthcare and housing.

One year since its launch, the latest edition of the Legal & General (L&G) Rebuilding Britain Index (RBI) shows that the UK is yet to show significant signs of rebuilding.

Legal & General’s SBTR arm, which launched at the end of 2020, is now scaling a portfolio of large scale ‘single family’ rental communities in suburban locations across the UK.

Sero has developed industry leading digital tools and expertise to design and deliver cost effective low carbon solutions for both new build and existing homes.

Legal & General Modular Homes announces that it has acquired a site in Littlestone, Kent, which has outline planning permission for the development of 80 homes.

Full planning approval was granted today for delivery of the first significant phase of the much-anticipated new West Bar mixed use development.

The partnership will lead to a multi-million pound charitable Fund - “The Legal & General IHE Places Fund”

Bruntwood SciTech, a partnership between Legal & General and Bruntwood, announces that it will partner with the University of Manchester to deliver ID (Innovation District) Manchester, a new £1.5bn innovation district across four million sq ft in the centre of the city

As a leading provider of housing, with a commitment to tackling the UK’s chronic undersupply, its residential platform continues to expand across all tenures, ages and demographics, with construction delivered both traditionally and through Modern Methods of Construction. Legal & General’s residential pipeline now stands at tens of thousands of homes in operation or development.

Legal & General Affordable Homes announces that it has increased its development pipeline to 5,500 homes across the UK, worth a Gross Asset Value of nearly £1bn.

L&G announces that it has started on site to deliver its first operationally net-zero carbon (regulated energy) development*, which will be the UK’s first net-zero retirement community. 

Legal & General Modular Homes announces that it has acquired and started on site at a major modular homes scheme in Lockleaze, Bristol. The scheme, which has been developed in conjunction with Bristol City Council, is set to deliver 185 new homes, comprising two- to four- bedroom houses along with one- and two-bedroom apartments developed on land at Bonnington Walk. Show homes are scheduled to be onsite and available to look around as early as this Summer.

Legal & General announces that it invested around £1.5bn in levelling up the UK’s towns and cities since the March 2020 lockdown.

Legal & General announces that it will fund and deliver a new sciences building with the University of Oxford to serve as a world-class home for their departments of Zoology, Plant Sciences and Experimental Psychology.

Legal & General Capital (LGC) announces the launch of its new Suburban Build to Rent (SBTR) business which will develop large scale ‘single family’ rental communities in suburban locations across the UK.

An open letter to UK Government from LGIM’s Head of Sustainability, Head of LGIM Real Assets and CEO of Legal & General Capital.

Legal & General announces that it is to make all of its new housing stock operational net zero carbon enabled by 2030. This will be implemented in a phased approach across all homes invested in or built by Legal & General Group including: Build to Rent, Build to Sell, later living and affordable housing.

Inspired Villages has achieved outline planning permission to deliver a £100 million retirement community on the edge of Tunbridge Wells.

EDF has acquired a majority stake in Pod Point, one of the largest electric vehicle (EV) charging companies in the UK, as part of a newly-formed joint venture with Legal & General Capital

Legal & General has provided £100 million of long term debt financing to its affordable housing business, as it opens the door for UK pension money to back the provision of much-needed affordable housing.

Legal & General Capital ("Legal & General") announces two key hires for its in-house later living division as it drives forward its ambitious growth strategy, with an aim to revolutionise the way we live in older age.

In a new report commissioned by Legal & General, architects, property developers and local planners need to better prioritise music venues and listen more closely to artists and performers when designing regeneration schemes.

Legal & General reveals that it is creating over 13,000 jobs, thousands of homes and improved infrastructure in the South West and Wales

Legal & General announces that is has launched homes to rent to the later living sector through Inspired Villages, its suburban later living business.

Legal & General Capital (“Legal & General”) announces that it has invested in The Kao Data Campus (“Kao”), a state-of-the-art £230m data centre development servicing the London to Cambridge corridor. Kao was named in honour of Nobel Prize winning physicist Sir Charles Kao, who pioneered the use of fibre optics at the site of Kao’s first data campus development.

Legal & General announces that it has exchanged contracts on its first Build To Rent (BTR) scheme in Scotland as it seeks to meet the increasing demand for affordable, quality rental accommodation across the UK. Legal & General will forward fund Drum Property Group to deliver 324 apartments within Glasgow’s new Buchanan Wharf waterside regeneration area, which will also house the new Northern European hub of Barclays Bank.

Legal & General Modular Homes (Legal & General) announces that, having signing an agreement with external client Silva Homes, it has delivered its first precision-engineered modular homes to Legal & General Homes’ newest development Buckler’s Park in Crowthorne, near Bracknell.

Bruntwood and Legal & General Capital (Legal & General) have established a landmark 50:50 partnership to create the UK’s largest property platform dedicated to driving science and technology growth in regional cities.

Legal & General is pleased to announce the appointment of Ben Denton as Managing Director of Legal & General Affordable Homes, expanding its key leadership team to meet its ambition of becoming the leading private affordable housing provider in the UK

Legal & General announces that it has started construction of its flagship office building, The Lumen, at Newcastle Helix, as part of the initial £65 million it has invested in the site. This is the largest city centre office building, with private sector funding, to be constructed in the last decade.

Inspired Villages Group (“IVG”), an operator and developer of later living accommodation established by Legal & General in August 2017, announces the acquisition of Ledian Farm, Leeds Village in Kent, as it continues to deliver its ambitious growth plans to provide service-led later living communities across the UK to meet the needs of the most underserved housing sector.

Inspired Villages Group (“IVG”), an operator and developer of later living accommodation established by Legal & General in August 2017, announces its ambitious recruitment programme for 2018 making it the fastest growing company in the later living housing sector.

Legal & General Homes announces that it is holding a public exhibition for its 78-acre site in Shrivenham, Oxfordshire on Tuesday 20 February. The proposals aim to address the housing supply crisis by providing much-needed high quality market and affordable homes, from one-bed apartments to four-bed detached family homes.

Legal & General management changes: Kerrigan Procter becomes CEO of LGC; Chris Knight and Laura Mason promoted to CEOs of LGR Retail and LGR Institutional.

Legal & General today announced that Paul Stanworth was stepping down as CEO of Legal & General Capital (LGC).

Legal & General announces the acquisition of a later living business called Renaissance Villages (RV) for a net purchase price of around £51m from Helical Plc. The business will be integrated into Inspired Villages Group, a best in class operator and developer of later living accommodation, which Legal & General acquired in August this year.

Legal & General has today announced that it will be creating over 170 new Build to Rent (BTR) homes in Bath.

Legal & General Capital (LGC) has announced that award-winning international design practice Ryder Architecture has been appointed to deliver the first of its grade A office buildings at Newcastle Science Central. This appointment will progress the delivery of one of the biggest urban regeneration projects of its kind in the UK.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, announces that Pemberton which is 40% owned by LGC has been named Global Fund Manager of the Year by Private Debt Investor (PDI) magazine. The shortlist for the award included Blackstone GSO, Oaktree and Lone Star.

Legal & General (L&G) announces that it has hired Essential Living's Damon Brown and Berkeley's David Jones, as it continues to invest in housing creation activities across the spectrum.

Legal & General Capital, the principal investment arm of Legal & General Group, today announced its plans to partner with Newcastle City Council and Newcastle University, to help build and finance the ,~350 million Newcastle Science Central development.

MediaCityUK is set to double in size over the next decade under ambitious plans submitted to Salford City Council today (June 7th 2016).

Legal & General Capital (LGC) and Dutch pension fund manager, PGGM, have today announced that they have completed the acquisition of a Build to Rent development site in Bristol, as part of their newly formed joint venture.

Legal & General Capital (LGC) and Dutch pension fund manager, PGGM, have today announced the launch of a Build to Rent partnership.

Legal & General Capital has invested in clean energy investment and asset management business, NTR Wind Management Ltd, a subsidiary of NTR plc, and committed to build an onshore wind portfolio through the first close of a fund targeting €250m.

A new research report released today by Legal & General, together with the Centre for Economics and Business Research (Cebr), has quantified the size and shape of the UK's "Last Time Buyer"1 (LTB) market for the first time.

Legal & General Capital ("LGC") has announced that it has successfully completed the purchase of a 50% interest in the Peel Group's landmark MediaCityUK scheme at Salford Quays in Manchester, which is currently valued at ,~503 million.

Legal & General has announced its first investment in the UK Private Rental Sector (PRS) market and plans to become a major owner of rented accommodation; seeing it as an ideal new institutional asset class for long term investors, and with an appetite to invest up to ,~1bn in the sector.