Fizzy Living has secured a £200m capital commitment from a subsidiary of Abu Dhabi’s sovereign wealth fund, enabling the company to speed up its private rented sector expansion while handing a ‘substantial shareholding’ to the investor.
While social housing remains an attractive match for long-term lenders, welfare reform and diversification are key areas of scrutiny.
Sanctuary Group has become the first UK housing association to secure a bilateral loan for a national investment programme from the European Investment Bank.
Increasingly complex HA business plans, operational structures and activities are keeping advisory firms busy as HAs also seek advice to navigate the capital markets.
Staffing levels bounced back in 2012/13 with a 4.7 per cent rise after the first dip in more than a decade a year earlier.
Housing association chief executives across the UK saw their pay rise in line with CPI inflation at 2.8 per cent in the 2012/13 year.