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

Partner Insight: Where real estate meets infrastructure - The evolution for data centre investing

Partner Insight: Where real estate meets infrastructure - The evolution for data centre investing

Principal Asset Management
clock 15 May 2026 • 4 min read
LPFA publishes 2025 investor climate action plan progress report

LPFA publishes 2025 investor climate action plan progress report

Report shows fund is on or ahead of target for over half its climate-related investment targets

Martin Richmond
clock 14 May 2026 • 3 min read
Newcore achieves first close of sixth value-add UK social infrastructure fund

Newcore achieves first close of sixth value-add UK social infrastructure fund

Participating investors include an LGPS pool and scheme

Jonathan Stapleton
clock 13 May 2026 • 2 min read
Trustpilot