PIC invests £37m in student accommodation debt

Victoria Tichá
clock • 1 min read

Pension Insurance Corporation (PIC) has invested £37m in a student accommodation project at the University of Exeter to help match its liabilities and give regular cashflows.

The funds, invested with the University Partnerships Programme (UPP), will be used in the development of 382 new student bedrooms at on-campus student accommodation buildings - Spretonway and Mober...

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