ENGLISH CITIES FUND

RELATED LINKS:

External Links:

CONTACT DETAILS

Name: Simon Wilkes
 
Position:
Associate Director
Phone:
+44 20 3124 2715
Email:
simon.wilkes@lgim.co.uk
 

English Cities Fund (ECf) is a unique public and private sector partnership with MUSE Developments and English Partnerships, focused on urban regeneration schemes throughout the country.

 

  • The fund holds 6 regeneration schemes in Liverpool, Plymouth, Manchester, Wakefield, Canning Town and Central Salford
  • Total of 8.5m sq ft mixed use floorspace
  • Includes more than 4000 new homes and brings back into productive use almost 100 acres of brownfield land.
  • The fund has a final development value of circa £2bn

Background

In his 1999 report, "Towards an Urban Renaissance", Lord Rogers noted that urban regeneration was an extremely low priority for institutional investors. This led to the formation of English Cities Fund (ECf), created in conjunction with government to identify and break through the barriers to institutional investment and to pave the way for higher levels of private investment in the re-shaping of our towns and cities.

ECF aims to show that high-quality, mixed-use area-based regeneration schemes provide viable, attractive and worthwhile opportunities for institutional investors in the medium to long term, alongside lasting community benefits and environmental improvements.

LGP acts as Operator and are a stakeholder in the Fund.