PIC makes £105m investment in net-zero hub

Investment will fund development of 130,000 square foot office in Manchester

Martin Richmond
clock • 1 min read
Pictured: Jeremy Quin MP (far left) and PIC Capital managing director Hayley Rees (centre-left) at an event on 23 February to mark the start of construction on the project
Image:

Pictured: Jeremy Quin MP (far left) and PIC Capital managing director Hayley Rees (centre-left) at an event on 23 February to mark the start of construction on the project

Pension Insurance Corporation (PIC) has partnered with Ask Real Estate (Ask) to begin construction on a £105m net-zero hub in Manchester.

The project, located in the city's First Street neighbourhood, will house a 130,000 square foot office which will be let to the Government Property Agency (GPA) for 25 years. The hub will generate ...

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

More on Industry

News Digest: Dutch pension reforms suddenly at risk

News Digest: Dutch pension reforms suddenly at risk

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 29 January 2025 • 1 min read
Buzz: Will making it easier to release DB surpluses be a welcome move?

Buzz: Will making it easier to release DB surpluses be a welcome move?

DB surpluses, IHT on inherited pensions and AE thresholds

Professional Pensions
clock 28 January 2025 • 1 min read
Standard Life CEO Andy Curran announces retirement

Standard Life CEO Andy Curran announces retirement

Curran set to retire in the summer of 2025 after 35 years in the industry

Martin Richmond
clock 28 January 2025 • 2 min read
Trustpilot