Currently viewing the tag: "long term investment"
Funding Boost For Government Build-To-Rent Plans

Funding Boost For Government Build-To-Rent Plans

Finance Secured To Build Thousands Of
Affordable Properties For Rental Purposes

Government housing minister Kris Hopkins has welcomed a deal that will release £500 Million (GBP) of additional funding to build new affordable residential properties in the UK.

The new investment finance has been secured through an agreement with the European Investment Bank (EIB), that will help deliver up to 4,300 new and affordable homes to rent in areas of the UK.

The funding is set to form part of the £3.5 Billion (GBP) Affordable Housing Guarantees programme, which enables housing associations to use Government guarantees to secure private investment at more competitive rates than they would otherwise be able to secure.

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Investor ploughs £125 Million (GBP)

into groundbreaking PRS deal 

Groundbreaking PRS Sale and Leaseback Deal at edge of Olympic Park

Groundbreaking PRS Sale and Leaseback Deal at edge of Olympic Park

An institutional investor has become one of the first to buy a major portfolio of private rented housing from a social landlord in a £125 million sale and leaseback deal.M&G Investments has bought 401 market rent homes in the Stratford Halo development on the edge of the Olympic Park from Genesis Housing Association in a 35-year deal.

The deal is the first residential investment made by M&G from its £1.5 billion secured property income fund. It is also believed to be the biggest single investment of its kind in the private rented sector.

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