PIC invests £129m in LSE student accommodation

Postgraduate rooms will support 676 students with construction due to complete in 2024

James Phillips
clock • 2 min read
PIC invests £129m in LSE student accommodation

Pension Insurance Corporation (PIC) has added £129m to its portfolio of higher education sector investments in a new allocation to student accommodation.

The bulk annuity provider has invested in long-dated, inflation-linked loans - maturing in 2069 - that will fund the development of 676 further student residences for the London School of Economics and...

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