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

More on Investment

Partner Insight: Volatility, what volatility?

Partner Insight: Volatility, what volatility?

Looking back over the year, 2025 was a strong one for asset-backed securities (ABS) – along with a whole host of other assets. In the ABS market, we typically see spreads move in line with other markets, which have seen tightening throughout the year...

Jeremy Deacon, Head of ABS and Leveraged Finance at Royal London Asset Management
clock 02 January 2026 • 6 min read
Border to Coast commits further £1bn to private markets

Border to Coast commits further £1bn to private markets

LGPS pool expands exposure long-term investments in global private markets

Jonathan Stapleton
clock 23 December 2025 • 4 min read
Border to Coast identifies UK life sciences as investment opportunity in 2026

Border to Coast identifies UK life sciences as investment opportunity in 2026

LGPS pool says life sciences sector offers ‘depth of opportunity’ and ‘true innovation’

Martin Richmond
clock 17 December 2025 • 2 min read
Trustpilot