PIC, Octopus Real Estate acquire North London site in partnership with Audley Group
Senior Living Investment Partners (SLIP), a £200 million (€tk million/$tk million) partnership between Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, and Octopus Real Estate, has made an investment in Brent Cross Town, north London.
This marks SLIP’s third retirement community investment and the second with Audley Group, following the acquisition of the Headley Court site in Leatherhead, Surrey, announced in July 2023.
The joint venture between Audley and SLIP has agreed to acquire 100 percent of the long leasehold interest in a plot within the Brent Cross Town (BXT) masterplan on which to develop a new retirement village as part of Audley Group’s Mayfield Villages. Brent Cross Town will be the second Mayfield Village, and the first to be developed in London. The