PIC invests £61m in student accommodation debt

Michael Klimes
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PIC invests £61m in student accommodation debt

Pension Insurance Corporation (PIC) has invested £60.6m into a student accommodation project at the University of Essex.

The initiative will see the construction of a 643-bed student housing development at the university's Colchester campus through secured bonds rated by S&P. The pension insurer said the debt's in...

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