Legal & General and Ancora formed a joint venture.

Legal & General, a financial services and asset management company, and Ancora, a real estate developer, formed a joint venture. Financial terms were not disclosed. “Through our partnership with Ancora, we will be able to leverage Legal & General’s significant experience in the science and technology sector in a new international market with strong growth potential. Remaining committed to investing in the real economy to create a better society over the long term, for the first time we take this ethos to an international level beyond the UK’s town and city centres,” Laura Mason, Legal & General Capital CEO.