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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
The Pension Insurance Corporation agrees joint venture for 10 new villages with Octopus Real Estate
Specialist insurer the Pension Insurance Corporation (PIC) has signed a deal to invest up to £200m in about 10 new retirement villages in a joint venture with Octopus Real Estate.
The homes are expected to house about 2,000 older people and will include lifestyle and wellness facilities such as restaurants, gyms, spas and pools.
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