Merseyside fund works with LendInvest on £12m RE deal

LendInvest will syndicate a loan to the UK pension scheme and continue to the service the loan on behalf of the investor.

Merseyside Pension Fund (MPF) has partnered with marketplace lender LendInvest on a £12 million ($14.9 million; €13.8 million) loan supporting a real estate development in Canary Wharf.

The identity of the developer was not disclosed, but the capital will assist the developer in purchasing a site in the London Docklands area.