PIC and Octopus partner to build £115m development

The firms are set to build 124 homes via a joint venture with Elysian Residences

Holly Roach
clock • 2 min read
St Albans integrated retirement community
Image:

St Albans integrated retirement community

Pension Insurance Corporation (PIC) and Octopus Real Estate have partnered to build a £115m retirement community in St Albans in Hertfordshire.

This is the first retirement community investment made by the firms via a joint venture with Elysian Residences, which has acquired a nine-acre site with planning consent to develop 124 residences ...

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Holly Roach
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Holly Roach

News editor at Professional Pensions

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