PIC and Octopus to develop new retirement communities

Partnership will create 600 new units across four retirement communities

Martin Richmond
clock • 2 min read
Headley Court retirement community in Surrey
Image:

Headley Court retirement community in Surrey

Pension Insurance Corporation (PIC) and Octopus Real Estate have partnered with Audley Group and Senior Living Investment Partners (SLIP) to develop four integrated retirement communities (IRCs).

The IRCs will create 600 retirement units across the four new villages, which will consist of the redevelopment of Headley Court in Surrey. The IRC is expected to contain 112 apartments to provide ...

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

Sustainable and impact briefs to make up half of private market portfolios in next two years

Sustainable and impact briefs to make up half of private market portfolios in next two years

Asset owners say they can achieve better social and environmental outcomes through private markets

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Liquid alternatives can increase scheme resilience, Aon says

Liquid alternatives can increase scheme resilience, Aon says

Firm says these assets can help UK schemes improve portfolio resilience while generating returns

Jasmine Urquhart
clock 21 November 2024 • 2 min read
Pension funds set to ramp up private market and global equity allocations

Pension funds set to ramp up private market and global equity allocations

Some 94% of respondents are either already invested or planning to invest in private markets

Jonathan Stapleton
clock 20 November 2024 • 3 min read
Trustpilot