PIC invests £128m in low-carbon student acomodation

The secured debt investment will transform a 1,230-room Birmingham uni student village

Hope William-Smith
clock • 1 min read
The city of Birmingham
Image:

The city of Birmingham

Pension Insurance Corporation (PIC) will invest £128m into the University of Birmingham for the re-development of 1,230 student accommodation rooms to make them low-carbon.

The Pritchatts Park Student Village accommodation will have solar photovoltaic panels installed as part of the secured debt investment, along with direct electric heating. The investment is inflation-linked...

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