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

More on Investment

Border to Coast private markets programme surpasses £23bn

Border to Coast private markets programme surpasses £23bn

LGPS pool said it has enabled access to the programme for 17 of its partner funds

Holly Roach
clock 12 August 2026 • 1 min read
BT Pension Scheme and Brightwell extend servicing mandate with Northern Trust

BT Pension Scheme and Brightwell extend servicing mandate with Northern Trust

Brief includes custody as well as investment operations and derivatives outsourcing

Jonathan Stapleton
clock 12 August 2026 • 1 min read
Third-party evaluators complete majority of fiduciary manager searches

Third-party evaluators complete majority of fiduciary manager searches

IC Select says fiduciary management market has entered a more ‘mature’ phase

Martin Richmond
clock 11 August 2026 • 3 min read
Trustpilot