Legal & General plots course to net-zero real estate across £21bn UK portfolio Legal & General's Real Assets arm has outlined plans to reach net-zero across its UK real estate portfolio by 2050, including new investments in onsite renewable energy and carbon offsetting. Pictured: Salford's Slate Yard development, backed by Legal & General The business manages more than 76 million square feet of buildings across the UK, collectively valued at more than £21.3bn. This estate contains a mixture of owned and tenanted buildings with uses ranging from build-to-rent housing to major infrastructure projects. Legal & General Real Assets has reduced operational carbon emissions across the portfolio by 20% over the past 10 years, through investments in energy efficiency and low-carbon energy. It said in a statement that a “step-up in pace and ambition” is needed to align its approach with the new national climate goals.