Legal & General Investment Management (LGIM) is a leading investor in the UK’s build-to-rent sector with a portfolio of over 5,000 homes. Our vision is to supply high quality accommodation specifically for renters in an effort to address the ongoing housing shortage in the UK.
LGIM’s build to rent strategy launched in 2016. The portfolio has seventeen schemes across 11 cities either in operation or development across the UK, delivering more than 5,000 homes for elective renters. Our BTR strategy aims to develop a portfolio of purpose built, private rented residential accommodation in the UK to hold for the long term as a source of stable cashflow and capital preservation and is driven by a compelling market rationale: that current UK housing stock is unable to meet the growing demand for rental accommodation.
Our aim is to provide a high quality, professional service to residents, as well as offering long-term rental growth potential and income security for investors. Taking a research-based approach, we target locations that offer long-term rental growth potential and income security with good transport networks and employment opportunities. With responsible investing at the heart of what we do, our aim is to be operationally net zero carbon on all new BTR developments by 2030. This is in addition to achieving net zero carbon across the entire real estate portfolio by 2050.
We have a dedicated team of 10 real assets professionals, including specialists in acquisitions, design, planning, construction and operations offering diversity of experience and expertise.
Legal & General entered the Build to Rent (BTR) sector in 2016, to deliver high quality, well managed, specifically designed rental accommodation in locations where people want to live. We have a strong track record of over 17 urban build to rent sites and in planning, development or operation across the UK and recently launched a suburban build to rent business, to develop large scale ‘single family’ rental communities in suburban locations across the UK too.