Railpen, manager of around £34 billion of assets on behalf of the railways pension schemes, has named Skanska and Morgan Sindall as main contractors for the first two of its major developments in Cambridge, Botanic Place, a 540,000 sq ft sustainable office scheme, and Devonshire Gardens, a 120,000 sq ft mixed-use development.  Both projects are being developed by Socius on behalf of Railpen.

Cambridge City Council has resolved to grant planning consent for Devonshire Gardens, a new sustainable neighbourhood in the heart of Cambridge to be delivered by mixed-use developer Socius and Railpen, the investment manager for the £37 billion railways pension schemes.

Developer First Base and RPMI Railpen (“Railpen”), the investment manager for the £35 billion railways pension scheme, have submitted plans for Devonshire Gardens, a new sustainable neighbourhood in the heart of Cambridge.