Cornwall Pension Fund and PGIM Real Estate complete joint acquisition

67-unit housing scheme will be developed on the site acquired by the pair

Holly Roach
clock • 1 min read
Cornwall Pension Fund and PGIM Real Estate complete joint acquisition

The Cornwall Pension Fund and PGIM Real Estate have provided funding for a Cornwall-based rental housing scheme development through a co-investment.

The firms have acquired the site with the 67-unit single-family housing scheme when built expected to have strong ESG credentials with homes featuring energy efficient technologies. Th co-invest...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Environment Agency Pension Fund commits £170m to Schroders Greencoat flagship

Environment Agency Pension Fund commits £170m to Schroders Greencoat flagship

Scheme looks to renewable income fund to help achieve impact and levelling-up goals

Jonathan Stapleton
clock 13 May 2024 • 2 min read
Tribunal issues property remediation order against Railpen-owned Grey GR

Tribunal issues property remediation order against Railpen-owned Grey GR

No fault ‘reassurance’ order will ensure cladding remediation works are completed

Jonathan Stapleton
clock 10 May 2024 • 5 min read
 Stories of the week: Just Group; Pi Partnership; Standard Life

Stories of the week: Just Group; Pi Partnership; Standard Life

Just Group surpasses 400 bulk annuity transactions; Pi Partnership buys Align Pensions; Standard Life master trust provider for Siemens

Sarka Halas
clock 10 May 2024 • 1 min read
Trustpilot