Tag: Legal & General



L&G to Fund £400m Cardiff Regeneration Masterplan

Posted on 27 September, 2015 by Cliff Goodwin under Commercial Developments

Legal & General has signed a joint venture deal with Cardiff-based developer, Rightacres, to deliver the £400m Central Square masterplan scheme. It’s hoped the 12-acre regeneration project will create at least 10,000 jobs. One of Wales's prime... Read More

L&G completes £220 million Loan to Secure Income REIT

Posted on 9 September, 2015 by Kirsten Kennedy under Business News

Legal & General has today announced that its property lending arm CLL has agreed to a £220 million, 10 year loan to Secure Income REIT. The agreement is L&G’s first transaction arranged for a third party client alongside its annuity... Read More

Latest Acquisitions Take Legal & General Property Spend to £372m

Posted on 6 August, 2015 by Cliff Goodwin under Business News, Commercial Sales and Lets

Legal & General Property (LGP) has spent almost £160m in less than 24 hours to acquire a regional shopping centre and a west London office block. Adding the Grafton Centre in Cambridge and the capital’s First Central 200 (FC200) office complex to... Read More

Architects appointed for Manchester New Bailey scheme

Posted on 20 March, 2015 by Chris Grigorovsky under Commercial Developments

The English Cities Fund's (ECf) New Bailey scheme was officially launched at last week’s MIPIM international property conference where it announced that architects Make and AHMM will be working on the next two phases of the development. Ecf – a joint... Read More

Ocean Portfolio purchased by Legal & General Property

Posted on 16 December, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Legal & General Property (LGP) has completed a deal to buy the entire Ocean Portfolio for £226.5 million, representing a net initial yield of 6.5 per cent. The Ocean Portfolio is comprised of 13 different sites located throughout the UK, although... Read More

Northampton Council “terminates” £250m Development Deal with Legal & General

Posted on 18 July, 2014 by Cliff Goodwin under Commercial Developments

After years of delays and the looming threat from an out-of-town retail rival Northampton Borough Council has “terminated” a £250m scheme to extend the town’s Grosvenor Shopping Centre. Signed in 2009 under a Liberal Democrat administration, the... Read More