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Legal & General launches new fund to deliver affordable housing across England

Legal & General today announces the launch of the L&G Affordable Housing Fund (“the Fund”), alongside a £125m commitment from Local Government Pension Scheme (LGPS), ACCESS - a collaboration of Central, Eastern and Southern Shires, composed of 11 LGPS Administering Authorities with assets totalling c.£40bn. The vehicle is aiming to deliver a diversified inflation-linked cash flow for investors.

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Legal & General and UCL Institute of Health Equity launch new fund to support up to 150 communities across the UK

Ongoing partnership between Legal & General and Sir Michael Marmot and the UCL Institute of Health Equity explores the role of businesses and investors in addressing health inequalities

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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.

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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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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.

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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 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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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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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 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.