PIC makes £55m housing association investment

The investment will be used to help build 1,400 homes by 2026

Holly Roach
clock • 2 min read
PIC makes £55m housing association investment

The Pension Insurance Corporation (PIC) has invested £55m as debt in Northern Ireland-based Clanmil Housing Association.

The firm's investment will be used to help build Clanmil's goal of 1,400 homes by 2026. The investment split between £25 million drawdown until September 2023, and £30 million delayed drawdown u...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

PASA selects Isio as expert partner for de-risking journey management

DCIF highlights 'growing tension' between economic ambitions and schemes' fiduciary duty

More on Investment

Partner Insight: Midyear macro outlook - A new dawn of uncertainty
Investment

Partner Insight: Midyear macro outlook - A new dawn of uncertainty

Geopolitical tensions, tariff uncertainty and global economic slowdown look set to define the second half of 2025. Columbia Threadneedle Investments' global CIO looks at why active management and research-led investing are the way to navigate this global complexity.

William Davies, Global Chief Investment Officer at Columbia Threadneedle Investments
clock 10 June 2025 • 5 min read
Partner Insight: Key takeaways from PIMCO's Sustainable Investing Report 2024
Investment

Partner Insight: Key takeaways from PIMCO's Sustainable Investing Report 2024

PIMCO’s Sustainable Investing Report provides our latest thinking on sustainability. Here, we highlight the report's key takeaways, including how we are advancing our analytical capabilities.

PIMCO
clock 09 June 2025 • 8 min read
FIF25: Challenges to consider for investment in private markets
Investment

FIF25: Challenges to consider for investment in private markets

Panel discusses differences between generalist and specialist approaches to private market investment

Martin Richmond
Martin Richmond
clock 05 June 2025 • 2 min read
Trustpilot