PIC invests further £30m in Medway-based housing association

Pair have long-standing partnership following several previous transactions

Holly Roach
clock • 1 min read
Heart of Medway's Lenham Springs development, near Maidstone
Image:

Heart of Medway's Lenham Springs development, near Maidstone

Pension Insurance Corporation (PIC) has made a further £30m investment in a Medway-based housing association.

This is PIC's second private placement investment in the Heart of Medway Housing Association - part of MHS Homes Group - and the fifth transaction with the group involving £160m of lending as part ...

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