Legal & General RI to invest £2bn in affordable homes

Investment expected to provide over 10,000 new homes in the UK

Martin Richmond
clock • 2 min read
The investment will help tackle the shortage of affordable homes across the country
Image:

The investment will help tackle the shortage of affordable homes across the country

Over £2bn of pension funds will be invested by Legal & General Retirement Institutional (LGRI) into the construction of affordable homes over the next five years.

LGRI today (8 April) announced that it will make the investment through its subsidiary, Legal & General Affordable Homes (LGAH). The investment is expected to support the construction of over 10...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

No guarantee DC megafunds will lead to higher investment returns

No guarantee DC megafunds will lead to higher investment returns

PPI report finds ‘no guaranteed correlation’ between scheme size and level of investment return

Martin Richmond
clock 02 June 2026 • 4 min read
Nest commits £200m to climate technologies through IFM partnership

Nest commits £200m to climate technologies through IFM partnership

Scheme said this helps build on its ambition to increase its private markets allocation to 30%

Holly Roach
clock 02 June 2026 • 2 min read
The growing case for real estate debt

The growing case for real estate debt

Ashley Manning-Brown says investor attention is broadening beyond corporate direct lending

Ashley Manning-Brown
clock 29 May 2026 • 5 min read
Trustpilot