Co-op to invest £50m in social housing

co-op

The Co-op’s pension fund will invest up to £50m in to the social housing market over the next year and has appointed PGIM Real Estate to manage the portfolio.

The capital is expected to build 350 units of housing when fully deployed and the fund has already made an initial investment to deliver 50 units at the Fair Acres development in Dunbar, Scotland, which will be let to East Lothian Council.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue