Charities & Endowments

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Local Space secures GBP61m private placement with MetLife IM

Local Space secures GBP61m private placement with MetLife IM

Charitable housing association, Local Space, a specialist in the provision of high-quality, people-focused settled accommodation for key workers and those facing homelessness in East London, has secured a GBP61 million private placement agreement with MetLife Investment Management as a first step to refinancing loans maturing during the next four to five years and maintain capacity to support its ongoing growth strategy.

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Legal & General partners with Sir Michael Marmot to address UK health inequality

Legal & General partners with Sir Michael Marmot to address UK health inequality

Legal & General announces that it has formed a long-term partnership with Sir Michael Marmot, Director of the University College of London (UCL) Institute of Health Equity (IHE) and professor of epidemiology. The partnership will lead to a multi-million pound charitable Fund – “The Legal & General IHE Places Fund” – to examine how improvements to the design and construction of our towns and cities can help to address health inequalities and support “levelling up” across the UK’s regions.