Financial returns matter to our partners, but we realise you also require positive solutions that deliver real-life economic and social impact over the long term. Legal & General Group has put over £32 billion* into direct regeneration investments in the UK in recent years, proving to be a partner of choice for local authorities up and down the country.

Drawing on our highly flexible approach, we aim to provide various sources of capital - from lending through to joint-venture partnerships. We are a long-term investor with a placemaking and development capability in-house. What’s more, our scale and expertise allow us to carry out significant urban regeneration projects across the UK, delivering large and complex projects that, we believe, are beyond the reach and capability of others.

As part of our approach to inclusive capitalism, we aim to deliver positive, environmental and societal impact for our clients. With a proven track record of innovation within our real estate portfolio, all our investment solutions are specially designed with the aim of meeting our clients’ evolving environmental, social and governance (ESG) requirements for occupier engagement.

*Source: Legal & General Group Plc Social Impact Report 2023

£28 billion

of direct investments made in the UK


urban regeneration schemes


planning permission for homes delivered across the UK

Case studies

We’re dedicated to enhancing the lives of our customers and building a better society for the future. This commitment inspires us to invest for the long-term in an economically and socially useful way to benefit our communities and underpins every project we undertake.

  • Newcastle Helix

    Newcastle Helix

    As long-term investment partners of Newcastle City Council and Newcastle University, we supported the £350 million flagship urban regeneration project to create Newcastle Helix.

    Newcastle Helix, source LGIM. Project started December 2016, latest development January 2022 and further developments to come.

  • Glasgow City Council

    Glasgow City Council

    We provided Glasgow City Council with the funding it needed to end a lengthy dispute over equal pay.

    Glasgow City Council. Source LGIM as at 2019.

  • Cardiff Central Square

    Cardiff Central Square

    We formed a joint venture partnership with Rightacres and Cardiff Council to redevelop Cardiff Central Square, at a cost of £450m.

    Cardiff Central Square. Source LGIM as at 2024.

  • Government Property Agency

    Government Property Agency

    Working with the Government Property Agency, we’ve now provided funding for 10 out of HMRC’s 12 new regional hubs.

    Government Property Agency LGIM as at 2015.

Responsible investing

We believe responsible investing is essential to improving long-term returns, unearthing potential opportunities and mitigating risks by fostering sustainable markets and economies

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested. Past performance is no guarantee of future results.

Whilst LGIM has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.