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Meet The Pension Fund Pledging More Than £2B To Back The Rented Living Sector

Barchart·01/04/2026 20:42:03
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The need for domestic pension funds to invest in UK real estate has been a big mantra for 2025. But the £2B deal that closed out the year wasn't the typical vanilla transaction UK pension funds are known for.  In a major collaborative step into the rented living market, a collection of local government organisations came together through their pension funds to pledge more than £2B to the housing market over the next 10 years. Northern LGPS and Local Pensions Partnership Investments announced in November that they had acquired PRS REIT’s operating arm and existing portfolio for £1.1B, taking private the listed company....