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Artwork for The Return: Property & Investment Podcast
The Return: Property & Investment Podcast · Oct 9, 2025 · 20 min

MD at £50bn Insurer: How I Invest

Send us a Text Anna Clare Harper is joined by Hayley Rees, Managing Director at £50bn+ Pension Insurance Corporation. In Anna’s words: There’s lots of advice for private investors. Almost nothing on how big institutions back UK housing. Yet it’s a major growth area. So I asked Hayley (MD at £50bn+ insurer PIC) what actually works. We covered: How to choose investments: Compare returns to UK government bonds (gilts). Avoid 10 year projects, as there’s a lot of competition for 10 year money. Look for ‘relative value’ - extra returns over 20-30 years. How to structure deals: Set them up to pay steady, long-term income that matches pension promises. Case study – Miller’s Quay: A simple lease helped unlock 500 homes. Fix viability first: The hardest thing today is making the numbers work before you start. Teams who solve this win. Listen for lessons from £14bn+ invested across UK housing. In association with: https://www.ukreiif.com/ Guest website: https://www.pensioncorporation.com/ Guest LinkedIn: https://www.linkedin.com/in/hayleyrees1/?originalSubdomain=uk Host LinkedIn: https://www.linkedin.com/in/annaclareharper/

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Send us a Text

Anna Clare Harper is joined by Hayley Rees, Managing Director at £50bn+ Pension Insurance Corporation.

In Anna’s words: 

There’s lots of advice for private investors.
Almost nothing on how big institutions back UK housing.
Yet it’s a major growth area.

So I asked Hayley (MD at £50bn+ insurer PIC) what actually works.

We covered:

  • How to choose investments: Compare returns to UK government bonds (gilts). Avoid 10 year projects, as there’s a lot of competition for 10 year money. Look for ‘relative value’ - extra returns over 20-30 years.

  • How to structure deals: Set them up to pay steady, long-term income that matches pension promises.

  • Case study – Miller’s Quay: A simple lease helped unlock 500 homes.

  • Fix viability first: The hardest thing today is making the numbers work before you start. Teams who solve this win.

Listen for lessons from £14bn+ invested across UK housing. 

In association with: https://www.ukreiif.com/

Guest website: https://www.pensioncorporation.com/

Guest LinkedIn: https://www.linkedin.com/in/hayleyrees1/?originalSubdomain=uk

Host LinkedIn: https://www.linkedin.com/in/annaclareharper/


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