Railpen to fund NHS mental health facility

Scheme investment manager will fund redevelopment of NHS hospital in Sunderland

Martin Richmond
clock • 1 min read
Railpen's investment will fund the mental health facility at Monkwearmouth Hospital in Sunderland
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Railpen's investment will fund the mental health facility at Monkwearmouth Hospital in Sunderland

Railpen has entered into a funding deal for the development of a new mental health facility in Sunderland.

The investment manager for the railways pension scheme - which has assets under management of £37bn - entered into the deal with Monkwearmouth Development to provide funding for the redevelopment a...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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