PIC and Octopus partnership SLIP acquires retirement village

Site expected to provide 147 retirement units alongside 14,000 sq ft of amenity space

Martin Richmond
clock • 3 min read
Pictured left to right, with the emerging Brent Cross Town in the background, are Bryony Harrap and Max Cawthorn - PIC; Oli Rifkind, André Gibbs and Simon Beck - Related Argent; Kevin Beirne and Mathilde Guittard - Octopus Real Estate; and John Nettleton, Audley Group
Image:

Pictured left to right, with the emerging Brent Cross Town in the background, are Bryony Harrap and Max Cawthorn - PIC; Oli Rifkind, André Gibbs and Simon Beck - Related Argent; Kevin Beirne and Mathilde Guittard - Octopus Real Estate; and John Nettleton, Audley Group

Pension Insurance Corporation (PIC) and Octopus Real Estate, in partnership with Audley Group, have announced an investment in a retirement village located in Brent Cross.

The investment will see PIC and Octopus, under their Senior Living Investment Partners (SLIP) venture, acquire 100% of the long leasehold interest in a plot in the Brent Cross Town development for ...

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

Partner Insight: ESG is critical element for real asset investors

Partner Insight: ESG is critical element for real asset investors

Real asset investors continue to favour environmental, social and governance factors, especially sustainability in real estate, according to Aviva Investors’ Real Assets Study 2024.

Aviva
clock 26 April 2024 • 1 min read
 Stories of the week: TPR funding statement; DWP; PIC

Stories of the week: TPR funding statement; DWP; PIC

TPR publishes DB funding statement; DWP 'remains committed' to AE expansion; PIC launches buyout solution

Sarka Halas
clock 26 April 2024 • 1 min read
Partner Insight: Investors are upbeat on real assets even as interest rate path remains uncertain

Partner Insight: Investors are upbeat on real assets even as interest rate path remains uncertain

Investors expect good returns from real assets this year, especially in real estate equity and infrastructure, according to Aviva Investors’ Real Assets Study 2024.

Aviva
clock 25 April 2024 • 2 min read
Trustpilot