Legal & General, one of Europe’s largest asset management companies, has appointed Osprey Charging Network to provide rapid EV charging infrastructure for its ReAssure Property Funds.

The first location is already live in Stoke-on-Trent with four high-power chargers

Working closely with advisor Knight Frank, the two companies will bring ultra-rapid charging facilities to retail and leisure parks across the UK.

The first site is already live at Festival Heights Retail Park in Stoke-on-Trent, with four rapid charge points.

Two 16-bay ultra-rapid hubs are also in construction at Highbridge Retail Park, Waltham Abbey, Essex, and at Woodside Leisure Park, Watford, situated just off the M25 and M1 respectively, .

Further locations are set for ultra-rapid charging, delivering 72 charge points in total across six sites from L&G’s ReAssure portfolio.

The planned rollout spans England, from the south east to the north west.

L&G said the EV charging strategy shows its commitment to future-proofing its assets while enhancing long-term value for tenants and retail customers alike.

David Goatman, partner, department head, global head of energy and sustainability at Knight Frank, added: “We are delighted to have advised Legal & General on this successful rapid EV charging partner selection. This kind of innovative procurement process will help to deliver crucial low carbon infrastructure across the portfolio and add to the on-site amenity offer for occupiers.”

Osprey already has more than 1,300 charging bays available across the UK, following strong growth in 2024, making it the UK’s third-largest open rapid charging network.

Designed for easy use and powered by 100% renewable energy, Osprey chargers accept contactless bank cards, Apple/Google Pay, the Osprey App and payments through all major third-party methods including fleet fuel cards.

Osprey was also recognised with multiple accolades last year, scooping the EVIE Awards’ Chargepoint Operator of the Year title the second year in a row and a fifth consecutive year’s Driver Recommended Network badge from Zapmap.

Andrew Nosworthy, commercial director at Osprey Charging, said: “We’re proud to work with L&G’s ReAssure portfolio, providing the ultra-rapid charging infrastructure that is crucial for the UK’s expanding EV market.

“By installing reliable, high-powered charging hubs, we’re making EV ownership more convenient and accessible for drivers across the country, whilst making these excellent retail parks even more attractive to tenants and customers.”