PIC invests £50m in London affordable housing project

Insurer will invest £500m in London housing shortage over coming years

Jasmine Urquhart
clock • 2 min read
PIC's and London Square Group's Hawks Road development in Kingston upon Thames, set to be completed in 2025
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PIC's and London Square Group's Hawks Road development in Kingston upon Thames, set to be completed in 2025

The Pension Insurance Corporation (PIC) alongside London Square Group have invested £50m in the pair’s first affordable and shared ownership housing project, which will deliver 125 homes in southwest London.

The investment, which is the first as part of the insurer's long-term partnership with residential developer London Square Group, will provide homes on the former Hawks Road Health Clinic site in K...

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Jasmine Urquhart
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Jasmine Urquhart

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