MNOPF and ICL Pension Trust complete property overhaul

clock

The Merchant Navy Officers Pension Fund has sold three properties in its portfolio for £60m.

MNOPF sold the properties - in Cheadle Hulme, Nottingham and Central London - for £60m, showing an increase in value of 50% and averaging 32.8% in the nine-month period since March last year. Th...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Property

PIC forms housing venture with Muse and Homes England

PIC forms housing venture with Muse and Homes England

‘Habiko’ joint venture will aim to deliver 3,000 affordable homes for rental over next 12 years

Jasmine Urquhart
clock 04 November 2024 • 2 min read
LGPS Central property fund acquires London retail park

LGPS Central property fund acquires London retail park

Acquisition of Goodmayes Retail Park marks third since LGPS pool’s property fund launch

Jasmine Urquhart
clock 22 March 2024 • 1 min read
L&G to deliver 260 build-to-rent homes in Northamptonshire

L&G to deliver 260 build-to-rent homes in Northamptonshire

Partnership with Miller Homes will deliver two- and three-bed homes, with move-in commencing in 2024

Jasmine Urquhart
clock 02 February 2024 • 2 min read
Trustpilot