Real Estate Equity
Capitalizing on unique market opportunities with an experienced global team and differentiated approach
Overview
Real estate and private markets, more broadly, offer a unique opportunity and the potential for enhanced return and lower volatility relative to traditional public markets, given premiums for illiquidity, complexity and lower market efficiency. In addition to time-tested attributes of inflation and diversification, today’s real estate market dynamics suggest that now may be an opportune time to invest.
Growing opportunity set
L&G extended its global real estate capabilities in the US with a top-down research-based approach that focuses on markets with:
- Constrained supply parameters
- Strong economic and demographic growth prospects
- Low exposure/resilience to climate change
Specifically around multi-family real estate, our global team specializes in acquiring, repositioning, redeveloping, managing, operating and disposing of value-add real estate assets that offer attractive risk-adjusted returns.
Our expertise spans commercial and residential development through to operational and long-lease real estate. We provide a unique ability to drive value through retrofitting and other sustainable practices, such as extensive decarbonization and renewable materials and energy.
Our partnership with Taurus
Partnering with us
We believe the following set us apart from our competition:
We start by analyzing macro indicators to identify trends then narrow down to regional and sector-specific analyses. This comprehensive perspective is designed to ensure investments are aligned with broader economic movements, minimizing risks and identifying opportunities that might be overlooked by bottom-up strategies focused solely on property-specific characteristics.
Entry into the US market capitalizes on our global sustainability leadership by focusing investments around decarbonization and retrofitting. By reducing cost through integrating energy efficient technologies, leveraging tax incentives and catering to the increasing demand for lower-cost living spaces, we seek to enhance returns versus comparable properties.
Drawing on the fundamental need for housing, residential real estate offers stability and growth potential. Our expertise enables tailored strategies across the affordability spectrum maximizing rents and occupancy rates.
Commercial properties can offer a higher return compared to other real estate sectors especially given today’s entry points. Our expertise allows for strategic leases, operational efficiencies and adaptability to market trends.
L&G’s global platform
L&G is one of Europe’s largest asset managers and a major global investor across public and private markets, with £1.399 billion in assets under management.2
L&G combines deep expertise in asset management and origination with global distribution capabilities to deliver positive outcomes for our clients, which include individual savers, pension scheme members and global institutions, investing alongside L&G’s own balance sheet.
L&G launched its US asset management business3 in 2006 and has since built a strong track-record with $227.0 billon of assets under management across public and private markets. Its team of roughly 260 support institutional clients across a range of strategies including investment grade private credit and real estate.4
Through our global platform we continue to build a robust network of industry relationships, possibly giving our clients and partners privileged access to deals that could otherwise be beyond their reach.
Our latest news
Read our latest market commentary
1. Legal & General Investment Management United States (Holdings), Inc. has a minority stake in Taurus Investment Holdings, LLC.
2. Legal & General internal data as of December 31, 2024. The AUM disclosed aggregates the assets under management of Legal & General Investment Management Limited (“LGIM”), a London-based investment adviser authorized and regulated by the U.K. Financial Conduct Authority, Legal & General Investment Management America, Inc. (“LGIM America”), a Chicago-based investment adviser regulated by the U.S. Securities and Exchange Commission, Legal & General Investment Management Asia Limited, a Hong Kong limited company licensed with the SFC, and LGIM Singapore Pte. Ltd., a Singapore company holding a capital markets license for fund management issued by the Monetary Authority of Singapore (data as of July 2023). The assets under management excludes assets of other affiliated and minority-owned entities within the Legal & General Group.
3. Legal & General Investment Management America, Inc. ("LGIM America" or "LGIMA" or "L&G – Asset Management, America") is registered with the U.S. Securities and Exchange Commission as an Investment Adviser and with the National Futures Association as a Commodity Trading Advisor. LGIMA is also registered in the Provinces of Ontario and Quebec, in Canada as a Portfolio Manager. Details regarding our respective registrations can be found at www.sec.gov, www.nfa.futures.org, and www.securities-administrators.ca.
4. Data as of December 31, 2024.
The Global Private Markets Investment Platform for Real Estate includes L&G – Asset Management and L&G – Asset Management, America. All advisory services to US clients will be offered through L&G – Asset Management, America.
L&G – Asset Management, America leverages the long-established business model and resources of its affiliate, L&G – Asset Management, to support L&G – Asset Management, America’s efforts in delivering Private Market strategies.
This material is intended to provide only general educational information and market commentary. Views and opinions expressed herein may change based on market and other conditions. The material is for informational purposes only and is not intended as a solicitation to buy or sell any securities or other financial instrument or to provide any investment advice or service. Legal & General Investment Management America, Inc. does not guarantee the timeliness, sequence, accuracy or completeness of information included. Past performance should not be taken as an indication or guarantee of future performance and no representation, express or implied, is made regarding future performance.
Certain of the information contained herein represents or is based on forward-looking statements or information, including descriptions of anticipated market changes and expectations of future activity. Forward-looking statements and information are inherently uncertain and actual events or results may differ from those projected. Therefore, undue reliance should not be placed on such forward-looking statements and information. There is no guarantee that L&G – Asset Management, America’s investment or risk management processes will be successful.
Unless otherwise stated, references herein to “LGIM”, “we” and “us” are meant to capture the global conglomerate that includes Legal & General Investment Management Ltd. (a U.K. FCA authorized adviser), Legal & General Investment Management America, Inc. (a U.S. SEC registered investment adviser) and Legal & General Investment Management Asia Limited (a Hong Kong SFC registered adviser). The LGIM Stewardship Team acts on behalf of all such locally authorized entities.