Foundry x LGIM

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Foundry x LGIM

Category

Asset Management Initiative

Entered By

Legal & General

Why did you want to enter The Revo’s? 

Highlight the growing opportunity to deliver high quality, flexible workspace in a traditional retail environment.

What makes your entry standout?

FOUNDRY enables businesses to choose a high quality workspace product that can be rented by the day, week, or month from a trusted landlord at the inception of their business. The space is beautifully designed and repositions an urban product, putting it in areas that are poorly served and completely curated to the towns it sits in. A place to work, sell and showcase are combined within one space. As brands mature and scale and office occupation needs shift, companies can move to Capsule, LGIM Real Assets’ ready to go workplace offer which provides high quality, furnished and work-ready space.

How do you envision the future of your industry, and how do you hope to contribute to it?

Many of the shifts in consumer behaviour seen during the pandemic have been proven to be ephemeral. However, the shift towards home working, the movement of population out of major cities and the associated consequence of increased social isolation has endured. This has created an opportunity for a suburban-focused, high quality co-working platform, which can help to boost local employment and skills, and help to level up workspaces across regional towns and cities.

What one word best summarises your entry?

SMEs