Co-op to invest £50m in social housing

By Frances Ivens2018-11-20T12:39:00

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

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue