PIC invests £40m in London property development

Hope William-Smith
clock • 1 min read
Pension Insurance Corporation (PIC) has invested £40m in debt issued by the Royal College of Surgeons in England to finance the redevelopment of its London headquarters.
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Pension Insurance Corporation (PIC) has invested £40m in debt issued by the Royal College of Surgeons in England to finance the redevelopment of its London headquarters.

Pension Insurance Corporation (PIC) has invested £40m in debt issued by the Royal College of Surgeons in England to finance the redevelopment of its London headquarters.

The investment from the defined benefit fund insurer will go into the grade II listed Barry Building on the edge of the City of London, which will serve as a training base for student surgeons. ...

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