Investing by building assets
We're able to invest in areas of the UK that not only provide long-term returns for investors, but help create real UK jobs, build communities and breathe life back into some of the biggest cities across the UK.
Bringing social and economic benefits to our towns and cities
Regeneration has been identified by government and industry alike as one of the key drivers of UK growth… it is essential that the property industry joins together in embracing the connection between infrastructure and real estate so that efficient investments can be made into improving the UK built environment.
Bill Hughes, Head of LGIM Real Assets
£14.4bn
invested into UK infrastructure
Multiple
UK urban regeneration projects
80,000
new homes by 2020
Central Square, Cardiff
The Lexicon, Bracknell
The Slate Yard, Greater Manchester
We put money into businesses that require long term capital, thereby creating assets that can be invested in by the Group's investment and retirement businesses.
We’ve already put over £10 billion into direct investments. Some key schemes I’m really proud of in 2016 are our urban regeneration projects in Salford, Cardiff and Bracknell, with future projects being set up in Walthamstow and Bristol. Some particularly exciting developments are the new science park in Newcastle and our plans to develop modular homes.
Nigel Wilson CEO of Legal & General
The Walney Extension, a clean energy investment
19 Sep 2018 Blog
Inclusive Capitalism: making profit without pain?
Contrary to popular belief, capitalism can improve everyone’s life. It’s possible for businesses to create profits today, and still build a more sustainable economy for tomorrow: that’s inclusive capitalism.
Tyne Bridge and the Sage
18 Sep 2018 Blog
It’s time for the cities of the North to drive our prosperity
This blog is based upon a speech that Nigel Wilson gave at the ‘Convention of the North’ in Newcastle. This inaugural meeting brought together local leadership from many of the county, city and borough administrations in the north of England, giving the region’s leaders the opportunity to speak to government with a strong voice. Its huge success means it’s likely to be a powerful driver of change.
10 Sep 2018 News
Legal & General announces that it has acquired Broadway Plaza in Birmingham, on behalf of its Leisure Fund from Aviva Investors, for £46.95 million, growing the Fund to over £600 million.
7 Sep 2018 News
Legal & General's Industrial Property Investment Fund secures major letting to Clipper Logistics
Legal & General announces, on behalf of its Industrial Property Investment Fund (“IPIF”), that it has secured an agreement with leading UK logistics provider, Clipper Logistics, to let its new 196,268 sq ft purpose built distribution centre in Crick, Northamptonshire.
4 Sep 2018 In the news
How Britain can step up investment to seize the post-Brexit dividend
This article written by Nigel Wilson appeared in the Sunday Telegraph on 2 September 2018 and talks about how under investment and low productivity will have a greater impact on our long term economic growth than Brexit.
3 Aug 2018 News
Legal & General provides long-term financing to Northern Irish gas network
LGIM Real Assets (“LGIM RA”) is pleased to announce that it has invested, on behalf of its client Legal & General Retirement Institutional (LGRI), c.£200 million in West Transmission Financing plc, a subsidiary of Mutual Energy, to support the development of a new gas transmission pipeline in Northern Ireland.
27 Jul 2018 News
Legal & General breaks ground at Newcastle Helix
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.
10 Jul 2018 News
Legal & General acquires new Cheltenham trade park
LGIM Real Assets (Legal & General) announces that it has completed the acquisition of Kingsditch Trade Park, Cheltenham, for £20.5 million, reflecting a net initial yield of 5.3%. The asset has been bought on behalf of Legal & General’s Industrial Property Investment Fund (IPIF) from M&G Real Estate.
3 Jul 2018 News
Legal & General acquires its largest build to rent site in Woolwich
Legal & General announces that it has exchanged contracts on its largest Build To Rent (BTR) site to date located in Woolwich. This scheme has been acquired by co-investors Legal & General Capital and PGGM, as well as pension fund capital raised by LGIM Real Assets through its open-ended BTR fund.
1 Jul 2018 In the news
Creating real growth, the U.K. has a second chance, let’s seize it
Speaking in The Sunday Telegraph, Nigel Wilson explains why the UK need to lean into Brexit, increasing investment, building inclusive capitalism - not exclusive wealth.
29 Jun 2018 News
Legal & General’s US Pension Risk Transfer Business Nearing $2 Billion
Legal & General today announced impressive growth metrics for its expanding US Pension Risk Transfer (PRT) business.
21 Jun 2018 News
Legal & General acquires seventh major government hub in deal with Unibail-Rodamco-Westfield
Legal & General has agreed to forward fund the construction of a new office facility at 14 Westfield Avenue in Stratford, London, which has been pre-let to the Secretary of State for Communities and Local Government to establish a new HMRC regional centre in Stratford. The development is being undertaken by Unibail-Rodamco Westfield.
6 Jun 2018 News
Legal & General secures student blocks at University of Lincoln
LGIM Real Assets (Legal & General) announces that it has agreed to fund the development of two high-quality student accommodation blocks which have been pre-let to the University of Lincoln. EBW Developments is the developer on the scheme which is a joint venture between Bloc Ltd and Marcus Worthington Properties Ltd. The acquisition was made on behalf of Legal & General’s LPI (Limited Price Inflation) Income Property Fund for a total consideration of £25.6m.
31 May 2018 News
Legal & General Group Plc Board announces the planned retirement of Mark Zinkula on 31 August 2019
Legal & General Group Plc ("Legal & General") announces that Mark Zinkula, Chief Executive Officer LGIM, has advised them of his intention to retire from Legal & General in August next year.
17 May 2018 News
Hub and Bridges agree £100m deal with Legal & General to kick-start Taberner house development
Residential developer HUB and specialist investor Bridges Fund Management have agreed a £100m deal with Legal & General to develop a 251-unit build to rent tower at the heart of the Taberner House development in Croydon, south London.
27 Apr 2018 News
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.
17 Apr 2018 News
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.
29 Mar 2018 News
Legal & General to deliver major Glasgow City Centre hotel development for Meininger Hotels
LGIM Real Assets (Legal & General) announces on behalf of its Linked Life Fund that it has signed an agreement to develop a new hotel in the heart of Glasgow city centre. The hotel has been pre-let to MEININGER Hotels on a 25 year lease.
13 Mar 2018 News
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.