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
Image:

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...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Investment

UK inflation drops to 2.8% but DB schemes 'insulated' from shocks

UK inflation drops to 2.8% but DB schemes 'insulated' from shocks

Stagflation concerns remain in focus for investors this year

Patrick Brusnahan and Jonathan Stapleton
clock 20 May 2026 • 3 min read
Asset owners increase focus on liquidity as risk environment changes

Asset owners increase focus on liquidity as risk environment changes

Nearly three-fifths of UK asset owners say liquidity has become more important to their investment strategy

Jonathan Stapleton
clock 19 May 2026 • 2 min read
PP Live: Cut down on box ticking when it comes to sustainability

PP Live: Cut down on box ticking when it comes to sustainability

Delegates heard schemes must have ‘robust’ governance in place

Holly Roach
clock 19 May 2026 • 2 min read
Trustpilot