The English Cities Fund is a partnership between Homes England, Legal & General and Muse Developments.
Homes England is the UK Government’s national housing agency. It brings together land, money, expertise, planning and compulsory purchase powers, with a clear remit to facilitate delivery of sufficient new homes, where they are most needed, to provide a sustained improvement in affordability.
Homes England invests mostly in building new homes, but also in creating employment floorspace and other community facilities across the country. The homes it funds include affordable homes for rent and sale, and homes for rent or sale at market prices.
Homes England is a non-departmental public body, sponsored by the Ministry of Housing, Communities & Local Government.
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with a number of growing businesses in the US and other countries. In summer 2017, it had over £951 billion in total assets under management. Over 15 million people worldwide rely on Legal & General to help them save for the future and to protect their families and their homes.
Legal & General’s long-term investment in the English Cities Fund is a collaboration between two areas of its business – Legal & General Capital, which acts as the investor, and LGIM Real Assets, which acts as the investment manager.
Muse is one of the country's leading names in mixed-use development and urban regeneration. It’s a national developer, with regional operations in Manchester, London, Leeds and Glasgow.
Muse is part of Morgan Sindall Group plc, a leading UK construction and regeneration provider with revenue of circa £2.8 billion, operating through six divisions: Urban Regeneration, Partnership Housing, Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments.
Everything we have achieved has been made possible through collaboration. Our development and investment partners include: