Legal & General Capital

Legal & General Capital makes first U.S. investment, with seed capital for $4 billion platform to fund major life science and technology assets across multiple regional U.S. markets

Legal & General Capital and U.S.-based real estate developer Ancora establish landmark 50:50 partnership as LGC internationalizes its platform to drive shareholder value.

Legal & General announce £4bn investment commitment, working in partnership with West Midlands combined authority

Legal & General and Bruntwood expand Bruntwood SciTech partnership into Scotland with £30m injection into Glasgow’s Met Tower

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.

Employment, housing and education are key in addressing the UK’s health and wellbeing inequalities

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.

Legal & General and Oxford University set to deliver new postgraduate accommodation as part of £4bn partnership

Legal & General and Oxford University are pleased to announce that they have agreed the development of Court Place Gardens

Legal & General and Equinor Ventures co-lead £15.2m Series B raise for innovative technology and renewables businesses Rovco & Vaarst

Legal & General, Homes England and Muse recommit to The English Cities Fund to develop 6,600 more homes and deliver against Levelling Up agenda

Move enables the £200m joint venture to continue to deliver transformational regeneration schemes.

View across open space at new housing development

Legal & General Modular Homes partners with Town & Country Housing to acquire second Kent site

Legal & General Modular Homes announces that it has partnered with Town & Country Housing to acquire a site in Littlestone, Kent, for the development of 80 homes.

Landmark Legal & General partnership to deliver 3,000 new affordable homes

Lovell Partnerships and Legal & General (L&G) Affordable Homes (Legal & General) have formed a pioneering collaboration to increase the delivery of affordable homes and mixed tenure sites.

Looking across a park to a new housing development

Allison Homes announces first partnership deal with Legal & General

Allison Homes has announced a deal with Legal & General Affordable Homes as the first of the strategic partnerships which will support the housebuilder’s ambitious growth plans.

Legal & General Capital's Kao Data becomes multi-site data centre platform with new West of London Acquisition

Legal & General Capital’s data centre business, Kao Data, announces the acquisition of two prime West of London sites within Slough, expanding the business to become a multi-location platform.

Legal & General urges Government to think local in order to kick-start efforts to level-up the UK

Legal & General acquires suburban build to rent scheme to deliver 117 new homes

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.

Woman reading while listening to music next to a cosy fire

Legal & General and Hodge announce multimillion investment into net zero enabler Sero Technologies to reduce emissions within the residential housing sector

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.

New Warminster site takes L&G Modular Homes pipeline to over 800 EPC-A rated homes

Legal & General Modular Homes is proposing a new neighbourhood of innovative modular homes at Bore Hill Farm in Warminster.

Legal & General Affordable Homes secures planning permission for over 200 homes at Chatham Waters in Kent

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Legal & General and Wates break ground at the University of Oxford’s Life and Mind Building

Legal & General, Oxford University and Wates are pleased to announce that construction has started on the ‘Life and Mind Building’ in Oxford, as part of Legal & General and Oxford University’s £4bn partnership.

Legal & General sells stake in MediaCity to LandSec

Legal & General announces that it has sold its stake in MediaCity, Europe’s leading, digital, media and tech hub to LandSec, as part of its dynamic approach to recycling profits and investing in new projects which are reviving town and city centres across the UK.

Household inequalities threaten UK target of Net Zero emissions by 2050

Latest research, published as part of the latest edition of the Legal and General Rebuilding Britain Index (RBI) shows that there is a real risk of less affluent communities being left behind in the transition to clean and green technology at a household level.

Legal & General Capital appoints EY partner, Gareth Mee, as new CFO

Legal & General Capital (LGC) announces that Gareth Mee, a partner at EY, has been appointed to lead their financial operations from January 2022 as Chief Financial Officer.

Kao Data, Legal & General’s datacentre business, receives £120m expansion boost from Infratil

Infratil announced today it has agreed to invest up to £120-130 million in Kao Data, a leading UK developer and operator of advanced data centres for high performance colocation.

Interior image of a modular home at Portholme, Selby

Legal & General acquires site in Littlestone, Kent, for next modular homes scheme

Developers receive green light for £150M first phase at Sheffield's West Bar scheme

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

Legal & General and NatWest Group Pension Fund form £500m JV to scale up delivery of net zero carbon later living communities through Inspired Villages

Legal & General acquires major modular homes scheme in Broadstairs, Kent

Legal & General to develop major science and innovation district with University of Oxford

Legal & General Modular Homes opens Selby show homes to public

More work needed to shift the dial on levelling up according to new research by Legal & General

Legal & General announces plans for 200 lower cost homes for rent as part of £1bn, 2,750 home master plan for North Horsham

Legal & General signs largest affordable housing deal to date, creating hundreds of new homes in East London

Deanston Wharf will provide 207 new affordable homes within Ballymore’s Royal Wharf regeneration scheme in East London

View of Bristol Temple Island regeneration

Bristol City Council secures £350m investment from Legal & General for Bristol Temple Island Regeneration

With a focus on social inclusion through affordable housing, training and employment opportunities, Temple Island will support the city’s plans to build back better and back the creation of 2,000 new jobs.

Legal & General establishes partnership with Sir Michael Marmot to address UK health inequality

Enabling Smart Local Energy Systems: Finance and Investment

Alongside other leading UK investors and local authorities, we shared our knowledge and experience of investing in clean energy, to help inform the insight and adoption paper, enabling the Energy Revolution Integration Service (ERIS) to set out key recommendations to help accelerate progress to net zero.

Legal & General, Bruntwood and the University of Manchester join forces to deliver new £1.5bn innovation district in Manchester

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

Legal & General grows residential pipeline to tens of thousands of homes as it adds two new retirement schemes to its portfolio

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 Capital hires UKGBC’s John Alker as Head of Sustainability

Londoners and Scots top the list of people most satisfied with where they live in Britain

Cross-party think tank Demos and Legal & General announce the launch of a ground-breaking Place Satisfaction Index, offering key insights to the Government as it begins to tackle regional inequality

Work begins on Birmingham’s first smart-enabled building, Bruntwood Scitech’s Innovation Birmingham Campus

The construction of Birmingham’s first smart-enabled building, Enterprise Wharf, is now underway at the Innovation Birmingham Campus, part of the Bruntwood Scitech network, in what is a major boost to the city’s economic recovery.

Levelling up must be supported by jobs in the North and homes in the South, finds Legal & General’s new Rebuilding Britain Index

The Legal & General Rebuilding Britain Index (RBI), launched today, reveals that provision of jobs and good quality affordable housing will define the UK’s progress in building back better.

Legal & General appoints Suburban Build to Rent leadership team, as it looks to deliver 1,000 new homes a year

Legal & General announces the appointment of its Suburban Build to Rent (SBTR) senior leadership team, bringing in skills from across some of the UK’s leading property companies to accelerate the growth of family rental communities across the UK.

Legal & General hires Wes Erlam as Director of Urban Regeneration

Legal & General Capital (LGC), Legal & General Group’s alternative asset platform, announces that it has hired Wes Erlam as its new Director of Urban Regeneration

Hybrid working must be key to Government plans for regeneration and growth, says new report

Legal & General secures pipeline of 5,500 new affordable homes

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.

Legal & General brings forward UK’s first net-zero carbon retirement community* through Inspired Villages

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 acquires and begins construction on major modular homes scheme in Bristol

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.

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Plans Submitted for £150m First Phase at Sheffield’s West Bar Development

Bruntwood SciTech expands into the ‘Golden Triangle’ with major new acquisition and strategic partnership in Cambridge

Bruntwood SciTech - the 50:50 joint venture between Bruntwood and Legal & General - announces its expansion into the ‘Golden Triangle�� through the acquisition of Melbourn Science Park in Cambridge.

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Largest law firm in the North East chooses Legal & General's Newcastle Helix as new home

Legal & General Affordable Homes (Legal & General) announces that it has secured its first four affordable schemes, comprising 278 new homes in Croydon, Cornwall, Dunstable and Shrivenham.

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Bracknell regeneration picks up pace with the addition of Sports Direct to the Lexicon

The Lexicon, the joint venture partnership between Legal & General Capital and Schroder UK Real Estate Fund, has announced that Frasers Group plc will be taking 40,000 sq ft at the scheme for its Sports Direct, USC, GAME and Evans Cycles brands.

Legal & General to launch Rebuilding Britain Index as early findings point to “K-shaped” recovery

New research based on 5,000 UK households will combine 50 measures with survey data to monitor the progress of “levelling up” and “build back better”.

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Legal & General launches part-exchange ‘Home Purchasing Service’ for Inspired Villages’ retirement homes

Legal & General announces the launch of its part-exchange ‘Home Purchasing Service’ (HPS), now being rolled out across its Inspired Villages retirement communities.

Legal & General and Oxford University gain planning consent for new £200m life sciences building, designed by NBBJ

Legal & General backs housing, health and climate change with £1.5bn investment

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 £200m funding of Oxford University innovation centre for Life and Mind sciences

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 launches new Suburban Build to Rent arm, as it looks to deliver 1,000 new family home a year

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.

L&G donates £5m to Newcastle to pioneer new post-COVID approach to elderly care

Legal & General acquires second site in Hampshire for £100m retirement community

Inspired Villages, Legal & General’s later living business, announces that it has expanded its presence in Hampshire through the acquisition of a 10-acre site in Chandlers Ford, for the delivery of a new retirement community.

Lack of Government strategy proving barrier to levelling-up, Centre for Cities report argues

Official public spending rules are not a barrier to levelling up the country, but a lack of direction from Government is, says Centre for Cities in a new report created in partnership with Legal & General.

Legal & General expand its Build to Rent offer with second site in Birmingham

Legal & General announces, on behalf of its Build to Rent Fund (BTR Fund) and Access Development Partnership (a joint venture between Legal & General Capital and PGGM), that it has agreed the funding of a £100 million development site at Hockley Mills, within the Jewellery Quarter Conservation Area in Birmingham town centre.

Legal & General to relocate Wales HQ to Cardiff Central Square development

Legal & General, one of the largest private employers in Cardiff, announces that it will relocate its two Group offices in Wales to a 120,000 sq. ft. facility in Cardiff’s Central Square as part of a wider £450m regeneration scheme.

Bruntwood SciTech appointed as development partner for £210m Birmingham Health Innovation Campus

The development of Birmingham Health Innovation Campus (formerly known as Birmingham Life Sciences Park) has taken a major step forward today, with the announcement of a new long-term partnership between the University of Birmingham and the UK’s leading property provider for the science and technology sector, Bruntwood SciTech, a 50:50 joint venture between Bruntwood and Legal & General.

Legal & General’s later living business accelerates development pipeline as works start on six-acre site in Bedfordshire

Legal & General calls on government to take urgent action to reduce emissions from the built environment

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 commits to net zero carbon across its housing portfolio

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.

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Legal & General’s later living business, Inspired Villages, achieves 4th major planning win since lockdown

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

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Legal & General ensures high speed connectivity across more than 1,000 homes

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Legal & General achieves planning for major modular homes scheme in Selby, as factory reopens following COVID lockdown

Legal & General Modular Homes announces that it has gained planning consent to deliver 154 homes, using modular construction, at an eight acre site on Portholme Road, Selby

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Legal & General acquire site in Bedfordshire for £120m retirement community

Legal & General announces that its later living business, Inspired Villages, has acquired a 12-acre site in Caddington, Bedfordshire

Legal & General signs £150m Sheffield City Centre regeneration, unlocking city’s post-crisis growth ambitions

Legal & General announces that it is investing £150m into Sheffield’s West Bar Square development to deliver the first phase of this substantial mixed-use project

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Legal & General takes stake in ground source heat firm as it looks to scale up investments in climate change, positioning for post-crisis environment

Legal & General Capital announces that it has taken a 36% stake in The Kensa Group

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Legal & General hires senior investment expert as it strengthens commitment to the housing sector

Legal & General Capital (LGC) announces the appointment of David Reid as Senior Investment Manager, supporting its ambitions to continue to expand its Build To Rent (BTR) investment activities

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Legal & General appoints Jasan Fitzpatrick as Managing Director of Principal Investment

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EDF acquires Pod Point, one of the UK’s largest electric vehicle charging companies

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

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Legal & General’s affordable housing business completes first deal to back growing pension risk transfer business

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.

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Legal & General enhances in-house later living expertise with two key hires

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.

Legal & General expands its Future Cities business with new hires

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Staff begin moving into new broadcast centre at Legal & General’s Cardiff regeneration project

Staff members have begun moving into BBC Wales’ new broadcast centre, located in Cardiff Central Square, the major £450m regeneration scheme which is being funded by Legal & General

Sky to develop major new studio at Elstree

Over 2,000 new jobs and £3bn production investment in UK creative sector expected in first 5 years alone.

Legal & General commits £100m to Sunderland regeneration, supporting 3,000 new jobs

Legal & General announces that is has committed £100m to back Sunderland City Council’s extensive masterplan for the regeneration of the former Vaux Brewery site.

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Legal & General partners with 14 housing associations to deliver its pipeline of 3,500 affordable homes

Legal & General Affordable Homes (“Legal & General”) announces that it has partnered with 14 established housing associations and providers to form a panel which will lead its housing operations across the UK.

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Paul Miller, MD of principal investing, to leave Legal & General Capital

Legal & General (“L&G”) announces that Paul Miller, Managing Director of Principal Investing at Legal & General Capital (“LGC”), has decided to leave the company to pursue new opportunities.

Legal & General invests £750m into developing new affordable housing

Legal & General acknowledge the importance of cultural infrastructure within future cities

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.

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Legal & General seals another deal on £400m Cardiff regeneration project, including Wales’ largest build to rent scheme

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

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Legal & General launches rental offer at later living communities

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

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Legal & General commits £4bn to Oxford University partnership, creating a blueprint for future cities

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Legal & General brings its first affordable homes to market

Legal & General Affordable Homes (Legal & General) announces that it has secured its first four affordable schemes, comprising 278 new homes in Croydon, Cornwall, Dunstable and Shrivenham.

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Legal & General secures major letting with Quilter at city office development

Legal & General has completed a letting with financial services firm, Quilter PLC, to acquire 93,600 sq ft at the repositioned development, Senator, 85 Queen Victoria Street, London EC4.

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Legal & General to develop flagship Build To Rent scheme in Wandsworth delivering 1,000 new homes

Legal & General announces that is has exchanged contracts on two adjacent sites in Wandsworth which will combine to deliver its largest Built To Rent (BTR) scheme to date. The scheme has been acquired by the Legal & General BTR Fund, PGGM and Legal & General Capital.

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Legal & General invests in UK leading electric vehicle charging business

Legal & General Capital (“Legal & General”) announces that it has taken a c.13% stake in Pod Point, one of the UK’s largest electric vehicle charge point operators.

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Legal & General selected to regenerate Bath Quays North as it continues to transform cities across the UK

Legal & General, in partnership with Bell Hammer, is pleased to announce that it has been selected by Bath & North East Somerset Council as their development partner for Bath Quays North. Legal & General recognises that UK cities need significant investment to adapt, change and innovate and is committed to working with partners to help future-proof the regional economies of cities.

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Legal & General to deliver 2,750 multi-tenure homes in Horsham

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Legal & General partners with Goldacre for uk data centre deal, providing digital infrastructure for future cities

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.

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Legal & General acquires first BTR scheme in Scotland

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.

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Legal & General leads modular revolution with Silva Homes deal in Bracknell

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.

Paul Miller to become Managing Director, Principal Investing, Legal & General Capital

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Legal & General becomes a registered provider of social housing

Legal & General announces today that its subsidiary Legal & General Affordable Homes Limited, launched in April 2018, has been granted Registered Provider (RP) status.

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Legal & General wins Social Value Award

Legal & General Capital is pleased to announce that its housebuilding arm, Legal & General Homes has won a prestigious award for its Buckler’s Park development in Crowthorne. Legal & General Capital is committed to using its patient capital to unlock and create economic, social and environmentally useful investments across the UK.

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Legal & General invests in property tech supporting future cities

Legal & General Capital (Legal & General) announces that it has invested in WiredScore, a rapidly growing property technology company and global leader in digital connectivity certification for commercial property.

The Queen visits The Lexicon in Bracknell

Her Majesty The Queen visited The Lexicon shopping centre in Bracknell to see how the town centre has been regenerated.

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The Springs launches at Legal & General's Thorpe Park Leeds

Legal & General and its joint venture partner Scarborough International Properties Limited (SIPL) announce that The Springs, the 350,000 sq ft retail and leisure destination at Thorpe Park Leeds has now officially opened to the public.

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Legal & General set to deliver 1500 new homes as it acquires second major Berkshire site

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UK’s largest science and technology property partnership formed between Legal & General and Bruntwood

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 makes key hires for new affordable housing business

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 breaks ground at Newcastle Helix as it drives forward UK urban regeneration programme

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.

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Legal & General Homes expands Senior Team as it continues to grow its pipeline of new homes

Legal & General launches affordable housing arm

Legal & General announces the launch of Legal & General Affordable Homes, a new wholly-owned affordable housing provider which it is establishing through a leading development and management platform.

BBC take the keys to the door of new headquarters

Legal & General, in partnership with Rightacres Property Company, announces that it has officially handed over the new BBC Cymru Wales headquarters at Central Square, Cardiff to BBC Director General, Lord Hall.

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Legal & General Capital acquires full ownership of CALA Homes

Legal & General Group announces today that its Legal & General Capital division has acquired the 52.1% of CALA Homes which it did not previously own. Transaction announcement and completion occurs simultaneously. The business has performed strongly under our joint ownership with Patron Capital Partners, with revenues growing threefold from £241m in 2013 to £748m in 2017, and profits growing at a CAGR of 12% over the last three years.

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Legal & General hires John Cummins as MD of Urban Regeneration and Clean Energy

Legal & General Capital (“LGC” / “Legal & General”), the principal investment arm of Legal & General Group, announces that it has hired RBS’ former Group Treasurer, John Cummins, as the Managing Director of Urban Regeneration and Clean Energy.

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FY results: record year for L&G’s Housing platform as it continues to expand delivery

In its full year results (to 31 Dec 2017), Legal & General Capital (LGC) announces that its Direct Investments portfolio increased by 28% to £1.45bn (2016: £1.137bn) and delivered an operating profit of £124m (2016: £121m). As part of this, in the housing sector LGC increased its assets under management to £588m (2016: £392m) as it continues to develop operating businesses to deliver its multi-tenure residential offering.

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Upside Energy, Legal & General’s latest clean energy investment secures government funding for three projects

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Inspired Villages Group acquires 7th later living scheme as it continues to accelerate its development pipeline

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.

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Inspired Villages Group hires Shaun Whelan and Bernadette Koltai as it looks to recruit 100 new hires in 2018

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.

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Legal & General Homes announces public consultation for its Oxfordshire site

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.

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Legal & General's Thorpe Park Leeds scheme reaches critical infrastructure milestone

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Legal & General set to deliver Brighton’s first Build to Rent scheme

Legal & General announces that it has exchanged contracts to acquire land in the centre of Brighton in order to deliver the city’s first ever Build to Rent (BTR) development. This latest acquisition represents the seventh UK city to which it will bring its new rental offer.

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Legal & General continues to build housing team

Legal & General (L&G) announces that it has hired Grainger’s Sebastian Balcombe, as it continues to invest in housing creation activities across the spectrum.

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Legal & General, SYSTEMIQ and Modern Energy invest in Upside Energy, a demand-side response Platform

Legal & General Capital, the principal investment arm of Legal & General Group, and SYSTEMIQ, a purpose driven investment and advisory firm established in 2016 to tackle system failures, have co-led the Series A investment in Upside Energy (“Upside”).

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Legal & General Homes acquires Prime Oxfordshire housing site

Legal & General announces that it has acquired a 78-acre site in Shrivenham, Oxfordshire from a client of Welbeck Strategic Land. With outline planning for 515 new homes, it represents the third major site being brought forward by Legal & General’s housebuilding arm, Legal & General Homes, bringing its housing pipeline to over 3,000 new homes

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Legal & General drives forward UK Urban Regeneration programme with planning success at Newcastle Science Central

Legal & General announces that it has secured planning for its second Grade A office building at Newcastle Science Central, as it continues to transform cities and regions across the UK, boosting local jobs and driving economic growth.

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Legal & General wins best of the best at industry awards

Management changes: LGC and LGR

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

Paul Stanworth standing down as CEO of LGC

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

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Legal & General acquires Renaissance Villages from Helical

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.

Continued success for the Lexicon Bracknell

The sale of two Central Square in Cardiff

Legal & General Capital (“Legal & General”) announces that it has agreed the sale of Two Central Square, a Grade A office development in the centre of Cardiff to Credit Suisse Asset Management (“Credit Suisse”), for £56.5m, reflecting a net initial yield of 6.25%. The property is currently being developed by Rightacres. Legal & General will use the proceeds from the sale to reinvest into other similar real asset backed economic growth opportunities and remains committed to the regeneration of Ca

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Legal & General is set to bring build to rent offer to Birmingham

Legal & General has today announced that it has agreed the funding of a prime Birmingham Build To Rent (BTR) development site known as Newhall Square for a total sum of £53m. Representing the sixth UK city to which it will bring its new rental offer, this latest investment brings its total pipeline of BTR units to over 1,700.

SalaryFinance Announces £40m Investment Round

SalaryFinance, the innovative financial wellbeing employee benefits firm, today announces it has completed a £40m funding round (subject to Financial Conduct Authority approval). The round was led by FTSE 100 financial services firm Legal & General with founding investor Blenheim Chalcot, the U.K.’s leading digital venture builder, also participating.

£200m boost for regeneration as the English Cities Fund doubles in size

The English Cities Fund – a partnership between three of the UK’s leading regeneration and investment organisations – has announced that it will double its investment in cities and towns in England to £200m.

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L&G hires Rolls Royce's Rosie Toogood as CEO of its Modular Housing Business

Legal & General (L&G) announces that it has hired Rosie Toogood as CEO of its modular housing business.

Legal & General secures Leeds as next build to rent city.

Legal & General announces Bath as next city for build to rent homes.

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

Ryder Architect appointed to deliver next phase of major Newcastle urban regeneration project.

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.

Pemberton named Global Fund Manager of the Year.

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.

L&G completes latest regeneration deal with Newcastle Science Central investment.

L&G grows clean energy platform with solar & fusion investments.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has further expanded its clean energy infrastructure platform with investment into two Oxford-based businesses, part of a strategy to back innovative technologies which respond to a rapidly changing global energy market.

L&G backs innovative UK wide venture investment.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, with Woodford Investment Management and the British Business Bank, has today invested in Accelerated Digital Ventures (ADV), a new and innovative venture platform funding digital businesses across all stages of the funding cycle, from entry to exit.

L&G backed Pemberton closes 1.2B Euros inaugural fund affirming LGC's SME finance strategy.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, announces that Pemberton which is 40% owned by LGC has completed the final close of its inaugural European Mid-Market Debt Fund (the Fund) with €1.2 billion of commitments.

L&G backed Pemberton fund targets ,~500m.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has backed a second fund by Pemberton which plans to lend ,~500 million to mid-sized UK businesses to support their growth. The commitment follows LGC's investment in Pemberton's first, pan-European fund which has currently raised around €1billion and has already invested over ,~180 million into UK firms. Pemberton expects to hold a first close of the new fund before the end of 2016.

L&G Capital appoints CFO from 3i Infrastructure.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, is delighted to announce the appointment of Stephen Halliwell as its new Chief Financial Officer to support its growth strategy.

L&G Capital appoints Head of Strategic Land.

Legal & General continues to strengthen housing team.

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.

L&G partners with Newcastle City Council and Newcastle University.

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 set to double in next 10 years.

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

Planning submitted for L&G's first building at Newcastle Science Central

L&G build to rent housing pipeline hits 800.

On behalf of its Build to Rent partnership, Legal & General Capital (LGC) and Dutch pension fund manager, PGGM, today announced that they will be building more new homes in Salford, following the acquisition of a further site in Salford from developer English Cities Fund (ECf).

L&G continues to strengthen housing team.

As it continues to invest in the creation of a new institutional Build to Rent Asset class, Legal & General Capital (LGC) announces that it has appointed James Lidgate as Director of Housing overseeing its residential investment strategy, while LGIM Real Assets is making three new key hires to support its growing pipeline of purpose built private rented assets.

Arcadia takes major pre-let at Bracknell.

The Bracknell Regeneration Partnership ("BRP"), a 50:50 Joint Venture between LGC and Schroder UK Real Estate Fund ("SREF"), announced that is has successfully agreed a 20,000 sq ft pre-let to Arcadia at its Northern Retail Quarter development in Bracknell Town Centre.

Pemberton awarded global newcomer of the year.

Pemberton Asset Management, the independent asset management group backed by Legal & General Capital, is delighted to announce that it has won Private Debt Investor magazine's prestigious Global Newcomer of the Year award.

250m Euro close for NTR wind fund.

NTR plc and Legal & General Capital today announce the successful and final close of NTR's wind investment fund, NTR Wind 1, with the addition of a further €50 million secured from Strathclyde Pension Fund and €35 million from the Ireland Strategic Investment Fund.

L&G set to create over 400 jobs in Leeds.

L&G and PGGM announce Bristol build to rent acquisition.

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.

L&G and PGGM announce 3000 new homes.

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

L&G makes major clean energy investment.

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.

BBC deal triggers Legal & General investment.

L&G Capital's DI up 88% in 12 months .

Legal & General Capital's (LGC) direct investments increased by 88% over the year to the end of September 2015, to ,~0.8bn (Q3 2014: ,~0.4bn).Total Group-wide direct investments have increased 43% to ,~6.6bn (Q3 2014: ,~4.6bn).

Laura Mason leads ,~2.4bn investment in UK Regeneration.

In her newly expanded role, Laura Mason, Director of Direct Investments at Legal & General Capital (LGC), is responsible for setting the direct investment strategy for L&G's principal balance sheet.

L&G secures second RIO deal.

Legal & General announces that it has entered into a joint venture partnership with Cardiff-based developer, Rightacres, to deliver the Central Square masterplan designed by Foster + Partners, one of the City of Cardiff Council's priority regeneration schemes.

L&G commits ,~162m to Leeds Regeneration.

Legal & General Capital (LGC), working in partnership with Legal & General Property (LGP), announces that it has acquired a 50% stake in Thorpe Park Leeds, a 200 acre mixed-use business development site in East Leeds, entering into a Joint Venture (JV) with Scarborough Group International (Scarborough Group).

L&G secures second Private Rental Sector deal.

Legal & General Capital (LGC) announces that it continues to execute its strategy to invest in and professionalise UK Private Rented Sector (PRS) and, as part of this, has secured its second investment in the Build to Rent market.

Pemberton reaches 547m euros on European mid-market debt.

Last Time Buyer could free up 20 years' housing supply.

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.

L&G take 50% stake in MediaCityUK, Salford.

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.

L&G enters the growing private rental sector.

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.

L&G and Schroders commit to ,~200m regeneration of Bracknell.

Legal & General commits to build 1,000 new homes for Bracknell.

Legal & General Capital (LGC) announced plans to build 1,000 new homes at Crowthorne in Bracknell.

L&G and PGGM announce ,~375m London Office JV.

Legal & General Capital and Dutch pension fund manager, PGGM, have today announced the launch of a London Office joint venture partnership and successfully completed its first ,~67 million investment - 72 Broadwick Street in Soho. The joint venture initially has an allocation of circa ,~375 million to invest.

L&G has become a strategic investor in Pemberton.

Legal & General has become a strategic investor in Pemberton Asset Management Holdings Limited ("Pemberton"), as it launches a new Direct Lending platform for institutional investors. Pemberton through the new platform will provide much-needed loans and private placements to mid-market companies in the UK and Europe, focusing on companies with a turnover between €100 million and €1 billion.

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