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Legal & General adds to Futures Cities team

Legal & General Capital (Legal & General) has appointed Jennie Hill as Chief Commercial Director and Alexandra Brown as Senior Development Manager of its Future Cities business.

The challenges for UK urban areas are increasing. With the majority of the UK’s population now living in towns and cities, significant pressure is being placed on existing real estate, energy, transportation and social infrastructure. Strong house price growth over the past decade has made city living unaffordable for many, including the workers who are vital to the cities’ health, education and emergency response services.

There is an urgent need to improve and invest in UK cities. For institutions with significant capital to invest in socially useful assets, there are huge opportunities. Legal & General’s Future Cities business is committed to delivering change, through urban regeneration, clean energy, infrastructure and technology. The appointment of a Chief Commercial Director further demonstrates its ambition to deliver places and networks for growing communities to live, work and prosper.

Source: propertyfundsworld.com on 6 February 2020 (https://www.propertyfundsworld.com/2020/02/06/282718/legal-general-adds-futures-cities-team)