Legal & General, on behalf of the L&G U.K. Property Fund, will invest over £50 million (€55 million/$63 million) into a major regeneration project in Princes Street, Edinburgh, Scotland. The proposals will create a new hotel and city center “hub” including shopping, dining, hospitality, leisure and event space at 109–112 Princes Street.
Currently an underutilized retail premises, Legal & General’s vision will transform 109–112 Princes Street, a building of significant architectural heritage and history in Edinburgh, into a vibrant destination, attracting both residents and tourists to make use of the new facilities. With unparalleled views directly onto Princes Street Gardens and Edinburgh Castle, Legal & General’s plans for Princes Street will create a major new destination in Edinburgh, delivering the footfall Princes Street needs to continue to thrive.
Legal & General has a significant track record in similar transformational urban
