PIC makes £40m social housing investment

The investment will finance the development of 600 new homes in Kent

Martin Richmond
clock • 2 min read
Photo courtesy of mhs homes
Image:

Photo courtesy of mhs homes

Pension Insurance Corporation (PIC) has made a £40m secured debt investment in partnership with social housing provider mhs homes.

The investment will provide funding for the development of over 600 new homes in Kent, which are expected to be built over the next five years. As well as financing the construction of the new h...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Toby Nangle sets out case for moving public sector pension schemes to funded model

Toby Nangle sets out case for moving public sector pension schemes to funded model

Shift could boost UK investment and generate significant fiscal savings for the exchequer.

Jonathan Stapleton
clock 23 February 2024 • 3 min read
LGPS Central appoints State Street as private markets fund administrator

LGPS Central appoints State Street as private markets fund administrator

Collaboration will support 13 funds managed by LGPS Central and its third-party managers

Jonathan Stapleton
clock 22 February 2024 • 1 min read
Nest appoints Lombard Odier to manage thematic equity brief

Nest appoints Lombard Odier to manage thematic equity brief

Mandate outlines three key areas and targets £5bn of investment by 2030

Martin Richmond
clock 22 February 2024 • 2 min read
Trustpilot