Institutional investor signs £200m retirement villages deal

By Emily Twinch2022-06-30T10:15:00

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.

…

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now