Co-op pension scheme to invest up to £50m into social housing
The Co-operative Group's pension scheme, Pace, will invest up to £50m into the social and affordable housing market over the next 12 months.
The defined benefit scheme - which was set up in 2006 following a three-scheme merger - is aiming to begin investing today (20 November), and will provide 350 housing units, it said. The Co-op has...
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