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...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Investment

Partner Insight: Learning from global leaders in lifetime income

Partner Insight: Learning from global leaders in lifetime income

Sophie Ballard, Head of UK Institutional @ Nuveen
clock 30 October 2026 • 4 min read
Partner Insight: Five forces shaping the data centre investment landscape

Partner Insight: Five forces shaping the data centre investment landscape

From AI and cloud demand to power constraints, five structural forces are reshaping data centre investing.

Principal's Global Data Centre Team
clock 30 October 2026 • 6 min read
Mixed concern over tax relief being used as a 'backdoor' to UK investment

Mixed concern over tax relief being used as a 'backdoor' to UK investment

PP survey finds mixed opinion on whether tax relief changes could be used to mandate UK investment

Martin Richmond
clock 27 October 2026 • 2 min read
Trustpilot