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

Alok Sharma: Climate, capital, and commitment – why pension funds matter

Alok Sharma: Climate, capital, and commitment – why pension funds matter

COP26 president says the economic case for climate action is overwhelming

Lord Alok Sharma
clock 25 November 2025 • 3 min read
Partner Insight: From oceans to AI - EOS's Q3 report highlights systemic risks for long-term investors

Partner Insight: From oceans to AI - EOS's Q3 report highlights systemic risks for long-term investors

The Q3 Public Engagement Report from EOS at Federated Hermes explores the implications of the ratified High Seas Treaty for companies and investors, AI’s insatiable appetite for energy, and key themes from the voting season across developed Asia and emerging...

Federated Hermes
clock 24 November 2025 • 3 min read
Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

A partnership with SEI helped the Joy Global pension scheme turn a stubborn deficit into a surplus and paved the way for a buy-out. The key, says Trustee Jim Parker, was frank communication.

SEI
clock 24 November 2025 • 5 min read
Trustpilot