PIC invests £200m in new build-to-rent skyscraper

The investment will fund the construction of Eastside One in Birmingham

Martin Richmond
clock • 2 min read
Eastside One will house 667 apartments across two apartment buildings
Image:

Eastside One will house 667 apartments across two apartment buildings

Pension Insurance Corporation (PIC) has made a £200m investment to fund the construction of a new build-to-rent project in Birmingham.

The investment, in partnership with residential developer Court Collaboration, will fund the construction of new apartment complex Eastside One. The development will consist of 667 apartments, s...

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

LGPS pools back report on mobilising local investment in the UK

LGPS pools back report on mobilising local investment in the UK

Report comes after government’s Pensions Review set out series of LGPS reforms

Holly Roach
clock 09 September 2025 • 3 min read
GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

Deal includes around £11.5bn of UK scheme assets

Jonathan Stapleton
clock 09 September 2025 • 2 min read
Partner Insight: Run-on vs buyout? Key considerations for defined benefit pensions

Partner Insight: Run-on vs buyout? Key considerations for defined benefit pensions

Many UK DB schemes have found themselves in a surplus and are considering alternative options over the traditional buy-out with insurers. We explore the key factors they should consider.

M&G Investments
clock 08 September 2025 • 4 min read
Trustpilot