The information contained in these press releases is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.
Peel announces that Legal & General has forward funded a 73,300 sq ft Asda Superstore at Chatham Docks, Chatham Waters, Kent, allowing it to commence works on its circa £650 million development scheme.
10 April 2014
Legal & General Property announces that it has received consent on its revised planning application at the Arndale Centre in Eastbourne, paving the way for a £85 million retail and leisure extension to start on site in early 2015.
28 March 2014
Legal & General Pensions Strategy Director, Adrian Boulding responds to today’s announcement from Steve Webb to introduce a pension charge cap.
27 March 2014
Legal & General has today (add date) announced that it has secured a buy-in arrangement with the ICI Pension Fund, (“the Fund”), covering £3bn of the pensioner liability. The buy-in is the largest ever bulk annuity policy arranged by a pension scheme in the UK.
26 March 2014
Legal & General Property announces on behalf of its UK Property Unit Trust, one of the fastest growing funds in its sector, that it has acquired the Argos Distribution Centre, Acton Gate, Stafford from Dimah Capital, for a total consideration of £33 million, equating to a net initial yield of 6.22%.
24 March 2014
Legal & General Property announces that it has appointed James Lidgate as Head of Residential, as it continues to accelerate its activity in the residential sector and support the UK’s housing needs.
21 March 2014
Legal & General is supportive of the FCA Market Study that will review the retirement income market as a whole. In its Thematic Review of the annuity Market, which resulted in the Market Study, the FCA estimates that 150,000 consumers each year would potentially benefit from shopping around and switching provider. Over the coming months the FCA Market Study will investigate this situation further and see how it can be improved.
19 March 2014
Legal & General has announced it has secured a portfolio of over 4,000 housing units, let to Places for People Homes on a new 50 year lease, as it continues to grow its role in supporting the UK’s housing needs. Places for People Homes will use the new finance from L&G’s investment to expand the housing stock in the UK by building 7,000 new housing units over the next seven years. The new housing stock will include affordable, private rented sector and owner-occupier accommodation.
17 March 2014
Local social enterprises in Croydon have the opportunity to apply for a package aimed at transforming their business, as well as supporting the local community from this week.
12 March 2014
Local social enterprises in Sussex have the opportunity to apply for a package aimed at transforming their business as well as supporting the local community from this week.
12 March 2014