Charlotte D'Souza
The UK private pension fund has acquired 3,000 homes in the country’s largest-ever deal for shared ownership housing.
The London firm now counts a sovereign fund among investors in the series, for which it also uses social media marketing to raise capital.
The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.
Local government pension schemes committed an aggregate £275m across two affordable housing funds last week.
Whether or not the election-induced delay to the country’s real estate recovery will be contained depends on whether a new government can work together.
In its first investment for the fund, the manager has acquired a 40% stake in a Swedish student accommodation portfolio.
The Toronto-based manager has executed two European deals from its Real Estate Solutions strategy this month alone.
Very different outcomes in France and the UK underscore the risks of political instability for an already-struggling industry.
Mathieu Elshout, formerly head of sustainability and impact investing at Patrizia, will join the Australian superannuation fund in London.
Through a third investment in Bulk Infrastructure, the New York-based firm looks to meet demand for AI-ready data centers, says its co-CEO.