Legal & General commits £100m to Sunderland regeneration

Sunderland is home to over 5,500 businesses, including 80 internationally owned corporations, employing more than 100,000 people. Despite this, there has been a lack of development of Grade A office space and good quality stock within the city centre has been limited. Sunderland, therefore, is a key target for Legal & General as it looks to support the transformation of a city which has seen significant under investment for the past twenty years.

Legal & General is uniquely placed to invest pension money into the UK economy. Across the UK, it has invested over £22bn into direct investments such as urban regeneration, clean energy and transport infrastructure. This can help support its long-term commitments whilst driving extraordinary social outcomes by creating real jobs, high quality and varied housing and better infrastructure.This, in turn, boosts productivity and delivers vibrant communities in which people can live longer, healthier and happier lives.