PIC makes £83m affordable housing investment

The investment will fund the construction of 161 homes in Newham

Holly Roach
clock • 2 min read
PIC makes £83m affordable housing investment

Pension Insurance Corporation (PIC) has made an £83m investment in partnership with the London Borough of Newham to fund the construction of 161 homes.

The investment is part of the borough's housing strategy which seeks to actively manage the financial and social implications of the area's housing shortfall. The project involves regeneration o...

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 Investment

LPFA allocates £250m to environmental fund

LPFA allocates £250m to environmental fund

3% allocation to be invested by LPPI as part of IIGCC climate solutions commitment

Jasmine Urquhart
clock 08 April 2025 • 1 min read
Border to Coast commits £80m to energy transition and life sciences

Border to Coast commits £80m to energy transition and life sciences

Builds on more than £1bn invested into the country’s private markets on behalf of partner funds

Holly Roach
clock 08 April 2025 • 1 min read
LPPI launches climate solutions-focussed fund

LPPI launches climate solutions-focussed fund

Environmental Opportunities Fund has initial £500m target commitment

Jasmine Urquhart
clock 01 April 2025 • 1 min read
Trustpilot