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The UK's Biggest Institutions Are Radically Rethinking How They Invest In Big Cities
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The UK's Biggest Institutions Are Radically Rethinking How They Invest In Big Cities

... inaugural Future Cities Commission. The meeting in Leeds saw L&G welcome mayors, local authority leaders, chief executives and industry ... thousand times before. The more interesting element is what L&G, and other big name institutional investors, think they ...

Sep 24, 2019
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$1.7T UK Pension Giant Plans Double Assault On U.S. CRE Sector
News

$1.7T UK Pension Giant Plans Double Assault On U.S. CRE Sector

... client money. It manages £3.7B ($4.5B) of L&G balance sheet capital and almost £16B of external client capital ... in Atlanta and Providence, Rhode Island.  Earlier this month, LGIM, L&G’s broader investment management business, announced it had hired Alexia ...

Jan 24, 2023
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How A Small Division Of A Pension Fund Giant Grew Into A £600M Profit Powerhouse
News

How A Small Division Of A Pension Fund Giant Grew Into A £600M Profit Powerhouse

... and was the second-largest part of L&G’s business last year, turning a profit ... the rationale for creating LGC was to use L&G’s balance sheet capital more efficiently. The ... 461M profit. It aims to have £5B of L&G’s balance sheet money under management by 2025, ...

Jan 23, 2023
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Investor Buys Retail Park For £400M BTR Scheme
News

Investor Buys Retail Park For £400M BTR Scheme

... Retail Park site and remaining land holdings from Legal & General. L&G had plans for a 550-home build-to-rent scheme ...

May 16, 2024
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$4B UK Life Sciences Fund Reveals First U.S. Investments
News

$4B UK Life Sciences Fund Reveals First U.S. Investments

... on tertiary biotech markets. Legal & General Capital, via its Ancora L&G partnership with U.S.-based developer Ancora, will develop in ... and VERO Biotech all have space in the building.  Ancora L&G was also selected as the preferred developer of the Rhode ...

Oct 26, 2022
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Investors Face £500M In Losses On Modular Housing Bets
News

Investors Face £500M In Losses On Modular Housing Bets

... the last year was the closure earlier this year of L&G Modular Homes by pension fund giant Legal & General.  Accounts filed ...

Aug 29, 2023
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 Atlanta’s Nascent Life Sciences Industry Getting A Big Boost, But Is It Enough?
News

Atlanta’s Nascent Life Sciences Industry Getting A Big Boost, But Is It Enough?

... open an enterprise center in the city. Last October, Ancora L&G paid $84M for a 128K SF life sciences property located ...

May 24, 2023
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£2B Segro Deal Powers West Midlands Shed/Tech Push
News

£2B Segro Deal Powers West Midlands Shed/Tech Push

... as politicians deploy private capital to meet levelling-up commitments. L&G said it “fully expects this to be an exemplar of ...

May 17, 2023
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Hungarians Tempt Legal & General Into Second Birmingham BTR Deal
News

Hungarians Tempt Legal & General Into Second Birmingham BTR Deal

... and its second in Birmingham. It takes L&G’s total investment in the sector to £ ... apartments. The funding is on behalf of L&G’s Built to Rent and Access Development Partnership ... was revealed in the Paradise Papers leak. L&G said in a statement that its build- ...

Dec 16, 2020
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... H, previously called Generation Home, a startup fintech mortgage lender.  L&G will now have a seat on the company’s board ... . Gateway Central is an 11-storey building comprising 280K SF. L’Oréal UK and Ireland have taken the five upper ...

Nov 10, 2022
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