PIC invests £30m into Northern Ireland social housing development

Investment will support the development of 300 to 400 new homes a year

Martin Richmond
clock • 1 min read
View of the Lagan River in the city centre of Belfast
Image:

View of the Lagan River in the city centre of Belfast

Pension Insurance Corporation (PIC) has completed a further £30m debt investment in Apex Housing Association to fund the development of social housing in Northern Ireland.

PIC's investment follows an initial £100m investment the insurer completed with Apex in 2021 and will fund the development of 300 to 400 new energy efficient homes per year as part of Apex's long-t...

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