Legal & General Capital

London’s Housing Market Worsens City’s Inequality – Think Tank Analysis

The report highlights disparities in access to housing, underpinned by the current state of the capital’s housing market.

Ancora L&G, One Year In: Providence, Rhode Island construction launches

Public consultation launches for new £1.7bn innovation district ID Manchester

Images of the illustrative masterplan for Manchester’s trailblazing new city centre innovation district have been revealed as ID Manchester’s draft Strategic Regeneration Framework (SRF) is published and a formal public consultation period begins.

Vision for ID Manchester to be unveiled in new Strategic Regeneration Framework

Framework sets out how £1.7bn investment will prioritise sustainability, inclusivity, diversity and creativity in new city centre innovation district

Legal & General Capital appoints Julia Goldsworthy, former WMCA Director and PwC Senior Adviser as Head of Social Impact Investment

This new role reflects Legal & General Capital’s continued investment appetite and ongoing commitment to place-based, impact-led investing

Legal & General Capital appoints new Chief Operating Officer, Karen Bashford

Pump it up: Octopus Energy and Legal & General make Britain’s biggest investment in ground source heat pumps

Turbocharging Britain’s heat pump rollout by investing £70 million in the country’s leading manufacturer and installer of ground source heat pumps, The Kensa Group.

Kao Data announces Strategic Platform Expansion, investing £350m in new 40MW Manchester Data Centre

Kao Data has secured an extensive, industrial-scale site for redevelopment at Kenwood Point, Manchester, with the aim of establishing a new 40MW data centre

Legal & General’s Suburban Build-to-Rent business signs £150m Loan to deliver next generation of healthy homes

Legal & General’s Suburban Build-to-Rent business (LGSBTR) announces that it has signed a £150m five-year Revolving Credit Facility to finance its pipeline of 1,000 Suburban Build-to-Rent homes.

NTR's Saint-Pierre-de-Juillers wind turbines

LGIM and NTR raise €390 million in first close of Clean Power (Europe) Fund

Partnership between LGIM and NTR reaches milestone as institutional clients demand greater direct access to the European energy transition

Legal & General Capital invests a further £15 million in decarbonising homes, bringing total investment in this sector to over £40 million

Legal & General and Kensa: Heat the Streets

John Alker covers the importance of moving on from monetisation when measuring social impact in Property Week

Read John's Property Week column addressing our intentional decision to move from measuring social value to social impact

Why we're investing in clean energy

We recognise that to support our future, we need to play a role in building a cleaner, greener society

Legal & General Capital invests in ImpactA Global to address critical infrastructure deficit in emerging markets

ImpactA Global will provide debt financing for sustainable infrastructure projects in the Global South

Oxford University Development marks first delivery milestone

bruntwood scitech birmingham health innovation centre

Record annual results for Bruntwood SciTech

Bruntwood SciTech post pre-tax profit of £114m (2021: £17.1m) – the most since its formation in 2018

Legal & General and Landid top out in Sunderland

Leaders in impact investment & public health launch new UK health equity network to tackle worsening health inequalities and life expectancy

Legal & General Secure Over 100 New Homes for Suburban Build-to-Rent Business

Legal & General Capital commits £5bn of alternative asset investments globally, delivering new homes, offices, clean energy infrastructure and urban regeneration schemes

Legal & General addresses health outcomes for hidden workers as it commits to tackle health inequality in the UK

Legal & General Modular Homes Announces New Joint Venture to Deliver 1000 New Homes

Legal & General Modular Homes (LGMH) and VIVID have today announced a five-year joint venture partnership to deliver over 1000 highly sustainable, affordable modular homes.

Kensa and Legal & General celebrate a greener future with official factory & office opening

On Friday, 2nd December, Sir Nigel Wilson, CEO of Legal & General, officially opened the UK’s largest production facility dedicated to ground source heat pumps* The Kensa Group’s factory and office in a celebration of British manufacturing, green growth, and progress towards a low carbon economy.

Legal & General research shows buyers will pay up to 20% premium for low carbon homes

With mounting energy prices, Legal & General research shows an acceleration in consumer demand for energy efficient homes. This shift in consumer behaviour is expected to have significant implications on the value of low carbon homes.

MTVH and Legal & General Affordable Homes shared ownership JV will help nearly two thousand families get a foot on the housing ladder

Legal & General Capital secures first two US science and technology projects

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 selected as preferred developer for major Wolverhampton residential Canalside South scheme

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.

Legal & General signs £150m Social Loan to deliver 5,500 new affordable homes

Legal & General announces that it has signed a £150m Social Loan whereby Use of Proceeds will finance 5,500 affordable homes to help address the significant demand for affordable housing across England.

Legal & General and Bruntwood - Bruntwood SciTech Doubles Scottish Investment In Bid To Supercharge Tech Sector

Second major Scottish investment within 3 months announced by UK’s leading science and tech specialist property provider Bruntwood SciTech - the Legal & General and Bruntwood joint venture partnership.

Young woman on her back looking at some documents

Over one-in-ten UK households have nothing left to cut back on in the face of further energy price rises, Legal & General finds

According to Legal & General’s Rebuilding Britain Index, announced today, the UK’s cost of living crisis will lead to nearly 70% of the UK making additional cutbacks on household spending.

Brill powering its way to making batteries smarter with $10.5m Series A round

Professor Sir Michael Marmot joins Mayor Driscoll, Sir Nigel Wilson, and leaders from across the region to improve health equality

On Monday 20 June, internationally renowned epidemiologist Professor Sir Michael Marmot led a roundtable to discuss how the public sector and business can improve people’s lives by reducing health inequality.

Legal & General boosts investment in the Kensa Group to scale up ground source heat pump deployment

The Kensa Group, UK manufacturer and installer of ground source heat pumps, today announced Legal & General Capital (LGC) has made a further £8 million investment into the company.

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 Legal & General’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

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

Lovell Partnerships and Legal & General Affordable Homes 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 Legal & General 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

Legal & General Affordable Homes (LGAH) and Peel L&P have secured planning permission from Medway Council to deliver 237 affordable homes as part of the next phase of regeneration at Chatham Waters.

3 executives with spades breaking ground

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

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

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

Legal & General Capital (LGC), Legal & General Group’s alternative asset platform, announces that it has appointed John Alker as its new 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

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

Post Pandemic Places, a major new report from cross-party think tank Demos, commissioned by Legal & General, has found that huge increases in home working, coupled with a desire for continued flexibility, could support significant increases in local spending.

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

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

Legal & General 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

Reserved matters planning applications have been submitted for the delivery of the £150 million first phase of Urbo’s West Bar development in Sheffield city centre, which is being funded by Legal & General.

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.

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

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

The University of Oxford and Legal & General have achieved planning permission for The University of Oxford’s largest ever building project, the Life and Mind Building, representing a major milestone for the £4bn Oxford University Development (OUD) partnership and its first landmark scheme.

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

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.

Legal & General donates £5m to Newcastle to pioneer new post-COVID approach to elderly care

Legal & General and Newcastle City Council today announce a new £5m charitable partnership to enhance elderly care in the city, placing Newcastle at the forefront of development of ground-breaking changes to the way we care for older people.

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 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

Construction starts on new £60m Inspired Villages scheme in Bedfordshire

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

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

Legal & General announces that it has committed 2 million sq ft of its commercial real estate portfolio and over 1,000 residential homes to WiredScore certification (Wired Certification), an international digital connectivity rating scheme evidencing the speed and reliability of a building’s digital connectivity.

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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

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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

Jasan Fitzpatrick has been appointed Managing Director of Principal Investment, responsible for its investments in Venture Capital and SME finance; Build to Rent and Affordable Housing.

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

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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

Legal & General Capital (Legal & General) announces the appointment of Jennie Hill as Chief Commercial Director and Alexandra Brown as Senior Development Manager of its Future Cities business

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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

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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 announces that Paul Miller, Managing Director of Principal Investing at Legal & General Capital, has decided to leave the company to pursue new opportunities.

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

Legal & General Affordable Homes appoints former CapCo Director, Anette Simpson, as Director of Development and Partnerships as it continues its ambitious expansion.

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

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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

Legal & General announces that it has formed a 50:50 partnership with Oxford University to develop homes for University staff and students, together with science and innovation districts in and around Oxford.

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Legal & General brings its first affordable homes to market

Legal & General Affordable Homes 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

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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

Legal & General Capital (Legal & General) has acquired control of a 500 plus acre multi-tenure development site in Horsham, West Sussex as part of its ambition to tackle the UK’s housing crisis by scaling up overall housing delivery and providing homes for all ages, tenures and social groups.

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

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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

Legal & General is pleased to announce that Paul Miller, Group Strategy and M&A Director will take up the new role of Managing Director, Principal Investing in Legal & General Capital (LGC).

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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

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

Legal & General announces that it has acquired a 272 acre site in Arborfield, Wokingham. Helping to address the UK’s chronic housing shortage, Legal & General will apply its unique multi-tenure approach in order to speed up housing delivery, reducing the time taken to deliver these homes by over five years.

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

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 Capital (Legal & General) announces that it has made some key hires for its housebuilding arm, Legal & General Homes. As it continues to expand within the house building sector, Legal & General Homes is dedicated to becoming the residential developer of choice in the UK.

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

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

Legal & General Capital, 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 Legal & General’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

Upside, the British start-up, backed by Legal & General and SYSTEMIQ, announces government funding for three projects to better connect electric vehicles to the electricity grid.

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

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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

Legal & General Capital (Legal & General) announces that works have started on the bridge for the new road over the railway line at Thorpe Park Leeds. Once complete this new infrastructure will unlock thousands of homes in East Leeds. Legal & General Capital is delivering the Thorpe Park Leeds regeneration scheme in a joint venture partnership with Scarborough International Properties.

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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 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

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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

Legal & General announces that The Lexicon Bracknell has picked up two awards at the 2017 Revo Gold Awards. It scooped top prize in the Re:new category for projects that have positively impacted their surrounding environment and was also voted ‘Best of the Best’ across all categories, decided by a live poll of the thousand guests that attended the Revo Annual Dinner.

Management changes: LGC and LGR

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

Six more sought-after brands will be joining the enviable line-up of new retailers at The Lexicon Bracknell, the £240 million retail and leisure town centre destination in Berkshire. The new announcements follow an enormously successful seven weeks of trading since the scheme opened last month, with highly positive feedback about the new retail destination from both retailers and customers.

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

£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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Legal & General hires Rolls Royce's Rosie Toogood as CEO of its Modular Housing Business

Legal & General 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 has today announced that it has bought a Build To Rent (BTR) site in the centre of Leeds.

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

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.

Legal & General completes latest regeneration deal with Newcastle Science Central investment.

Legal & General Capital (LGC) has completed its investment into Newcastle Science Central in partnership with Newcastle City Council and Newcastle University to deliver a major UK hub for scientific research and technology business. LGC's latest transaction follows a year of significant deals into UK-wide regeneration, housing, infrastructure and technology projects.

Legal & General 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.

Legal & General 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.

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

Legal & General 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.

Legal & General 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.

Legal & General Capital appoints Head of Strategic Land.

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has appointed Lauren Aitchison as Head of Strategic Land.

Legal & General continues to strengthen housing team.

Legal & General 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 Legal & General's first building at Newcastle Science Central

Legal & General has announced that it has submitted a planning application for the first of its grade A office buildings at Newcastle Science Central. Designed by international design practice, Ryder Architecture, the 100,000 sq ft office building will create modern workspace for over 1,200 people in the science, technology and the knowledge sectors.

Legal & General 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).

Legal & General 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.

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.

Legal & General set to create over 400 jobs in Leeds.

Legal & General Capital (LGC) has today announced the launch of its modular housing business, Legal & General Homes, which will seek to modernise the home building industry by providing modern, precision engineered factory manufactured houses through its new factory in the North of England.

Legal & General and PGGM announce Bristol build to rent acquisition.

Legal & General 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.

Legal & General 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.

Legal & General and Rightacres today announce that the signing of the BBC deal at Central Square in Cardiff has triggered the first phase of investment by Legal & General, enabling the joint venture partnership to develop the next phase of its ,~400m Central Square Cardiff regeneration scheme announced in September.

Legal & General 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, is responsible for setting the direct investment strategy for Legal & General's principal balance sheet.

Legal & General secures second RIO deal

Legal & General 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).

Legal & General 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.

Legal & General Capital ("LGC") today announces the successful €447m first close of Pemberton Asset Management's inaugural European Mid-Market Debt Fund, which brings together investors from large blue-chip financial services and insurance companies across Europe.

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

Legal & General take 50% stake in MediaCityUK, Salford.

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

Legal & General 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.

Legal & General and Schroders commit to ,~200m regeneration of Bracknell.

The Bracknell Regeneration Partnership ("BRP"), a 50:50 Joint Venture between Legal & General Capital ("LGC") and Schroder UK Property Fund ("SPF"), together with Bracknell Forest Council, announce that they have gone unconditional on the major development of the Northern Retail Quarter. This news paves the way for construction to commence in Spring 2015.

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.

Legal & General 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.

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