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PIC invests £200 million in the UK retirement villages joint ventures with Octopus Capital
Retirement livingArticlesNews
12 Jul 2022

PIC invests £200 million in the UK retirement villages joint ventures with Octopus Capital

Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, today announces it is making a £200m equity investment to fund the development and operation of around 10 new retirement communities across the country. The Fund, Senior Living Investment Partners, is a joint venture between PIC and leading specialist real estate lender and investor, Octopus Real Estate
Octopus Capital completes £9m loan on historic Grade II Listed property in Northampton
Development lendingNews
7 Apr 2022

Octopus Capital completes £9m loan on historic Grade II Listed property in Northampton

Octopus Real Estate has provided a £9m loan on the redevelopment of a Grade II Listed building in Northampton town centre. The development loan – which has a 24-month term - will finance the creation of 89 new homes; 17 studio apartments, 60 one bedroom flats, and 12 two bedroom flats, all of which will be designed as New York loft-style apartments.
Octopus Capital completes £16.5m loan on sustainable housing developments in Cambridgeshire and Worcestershire
Development lendingNews
23 Feb 2022

Octopus Capital completes £16.5m loan on sustainable housing developments in Cambridgeshire and Worcestershire

Octopus Real Estate has provided a £16.5m loan on a ground up development of over 120 homes on sites in Witchford, Cambridgeshire and Pershore, Worcestershire. Both sites benefit from full planning permission; the Witchford site will see 46 houses developed – 32 private 14 affordable – and the Pershore site 75 houses - 45 private and 30 affordable