Strathclyde Pension Fund commits £20m to PfP

Commitment from LGPS fund will accelerate Scottish affordable homes-for-rent strategy

Jasmine Urquhart
clock • 2 min read
Image: Seacole Square, Edinburgh
Image:

Image: Seacole Square, Edinburgh

The Strathclyde Pension Fund has made a £20m equity commitment to PfP Capital to accelerate the affordable homes-for-rent strategy in Scotland.

The Local Government Pension Scheme fund made the commitment to the real estate fund manager for its mid-market rent strategy ‘New Avenue Living', which has a mandate to deliver 1,500 high quality,...

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Jasmine Urquhart
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Jasmine Urquhart

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