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
We invest in jobs, businesses, homes, communities and infrastructure to deliver long-term returns that help towards building economic and social benefits for areas around the UK.
We provide investment management services for pension schemes and institutional clients, manage auto-enrolled pension schemes and retail investments. We also have a successful real assets investment business.
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
22+
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
17 Apr 2018 News
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.
9 Mar 2018 News
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.
7 Mar 2018 Video
7 Mar 2018 News
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.
6 Mar 2018 News
Leeds host first ever Northern Power-leg of Legal & General real assets cycle to MIPIM ride
Today Leeds played host to the start for the inaugural Northern Power-Leg stage of the Legal & General Real Assets Cycle to MIPIM ride. The additional two day ride makes this the largest Cycle to MIPIM ride yet, including a more varied cross-section of the real estate industry than ever before.
14 Feb 2018 News
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.
13 Feb 2018 News
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.
8 Feb 2018 News
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.
7 Feb 2018 News
BAMTCP Atlantic Square, a joint venture between BAM Properties and TCP Developments, and LGIM Real Assets (Legal & General) have confirmed that work will begin in March 2018 on the development of circa 284,000 sq. ft. of Prime Grade A office space at Atlantic Square in Glasgow.
1 Feb 2018 News
LGIM Real Assets (Legal & General) announces that it has converted the life of its award-winning £2bn Industrial Property Investment Fund (“IPIF” / the “Fund”) from a closed-end, fixed life vehicle to an evergreen open-ended fund.
31 Jan 2018 News
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.
10 Jan 2018 News
Legal & General focuses on resilient real estate for 2018
LGIM Real Assets (Legal & General) says that returns in 2018 are set to favour more defensive portfolios, whilst an uncertain outlook highlights a need to balance resilience with optionality. Legal & General says occupier engagement key for 2018 and beyond.
9 Jan 2018 News
Legal & General bags Stafford retail investment as final UK PIF II acquisition
LGIM Real Assets (“Legal & General”) announces, on behalf of its second UK Property Income Fund (“UK PIF II” or the “Fund”), that it has exchanged contracts to acquire Riverside Retail Park in Stafford from LXB Retail Properties for a total consideration of £36.8m, reflecting a net initial yield of 6.8%. This acquisition marks the final acquisition for UK PIF II.
5 Jan 2018 Blog
4 Jan 2018 News
Legal & General snaps up Glasgow law court as LPI fund tops £1 billion
LGIM Real Assets (Legal & General) announces that it has acquired Atlantic Quay 3, the central Glasgow Scottish court and tribunal building, from the Moorfield Group for £50 million.
21 Dec 2017 News
Legal & General secures Exeter University deal for £76m
LGIM Real Assets (Legal & General) announces that it has acquired five student accommodation blocks and a high-quality Academic Facility at Exeter University for a total consideration of £76m.
18 Dec 2017 News
Legal & General homes acquires prime Oxfordshire housing site
Legal & General announces that it has acquired a 78-acre site in Shrivenham, Oxfordshire. With outline planning for 515 new homes, it represents the third major site being brought forward by Legal & General’s housebuilding arm.