PIC invests £37.5m in Welsh housing

James Phillips
clock • 1 min read
PIC has made a number of allocations to social housing in recent years
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PIC has made a number of allocations to social housing in recent years

Pension Insurance Corporation (PIC) has invested £37.5m in social housing with Wales and West Housing, supporting 2,500 new home builds.

The insurer said the debt funding built on two prior investments in the Welsh social housing sector, and was tailored to match its cashflow requirements. The funding is split into three tranches...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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