Legal & General Group

LGIM Real Assets (Legal & General) has signed an agreement to develop a new hotel in the heart of Glasgow city centre.

Legal & General Capital has taken full ownership of CALA Homes in a deal that values the housebuilder at £605 million. The insurance and investment group has paid £315m to Patron Capital Partners to acquire the 52.1% of CALA it did not previously own

Institutional investor Legal & General Group (L&G) has announced a new regeneration vehicle to provide £1.5 billion of investment into UK regeneration projects including housing and infrastructure. L&G is allocating £1.5bn to the vehicle, and working alongside investment partners plans