LGPS Central invests £40m in PGIM affordable housing strategy

PGIM strategy targets new builds and low-rise housing to meet needs of working families

Martin Richmond
clock • 2 min read
LGPS Central invests £40m in PGIM affordable housing strategy

Midlands-based Local Government Pension Scheme (LGPS) pool LGPS Central has made a £40m investment into PGIM Real Estate’s open-ended UK affordable housing strategy.

LGPS Central's investment from its UK Residential Indirect Property Fund marks the first commitment from the fund, which has been established to invest across residential property sub-sectors inclu...

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Martin Richmond
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Martin Richmond

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