CofE Pensions Board secures £50m for retirement housing

Revolving credit facility with NatWest will help grow CEPB’s retirement housing portfolio

Jasmine Urquhart
clock • 1 min read
CofE Pensions Board secures £50m for retirement housing

The Church of England Pensions Board (CEPB) has secured a £50m revolving credit facility (RCF) to finance its retirement housing portfolio.

The board, which manages the pensions of 43,000 people across 700 Church organisations, and provides retirement housing for retired clergy, will use the financing to purchase more retirement proper...

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Jasmine Urquhart
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Jasmine Urquhart

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