Regeneration has been identified by government and industry alike as one of the key drivers of UK growth ... it is essential that the property industry joins together in embracing the connection between infrastructure and real estate so that efficient investments can be made into improving the UK built environment .
Bill Hughes, Head of LGIM Real Assets
bn £ 16.3 bn
invested into UK infrastructure
UK urban regeneration projects
new homes by 2020
Central Square, Cardiff
The Lexicon, Bracknell
The Slate Yard, Greater Manchester
We put money into businesses that require long term capital, thereby creating assets that can be invested in by the Group's investment and retirement businesses.
We've already put over £ 10 billion into direct investments. Some key schemes I'm really proud of in 2016 are our urban regeneration projects in Salford, Cardiff and Bracknell, with future projects being set up in Walthamstow and Bristol. Some particularly exciting developments are the new science park in Newcastle and our plans to develop modular homes.
Nigel Wilson CEO of Legal & General