A £130m investment has been made in Wirral Waters One which is expected to create up to 20,000 jobs and feature 600 new homes.
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has backed Peel L&P's scheme at a 500-acre brownfield site and former dockland.
PIC is the sole investor for the build-to-rent scheme which will comprise 500 one and two-bedroom apartments, with an affordable housing component of 100 homes.
