Places for People (PfP) and investor Octopus Healthcare have launched a £200m retirement housing business.
Wheatley Group and Glasgow City Council have restructured the latter’s repairs and maintenance company into a ‘£3.7bn joint venture’.
Shore Capital has joined up with two unnamed family offices from the United States to form a £21m joint venture company that will invest in supported housing in the UK which it will then lease to housing associations.
L&Q has brought together more than 6,600 supported and sheltered housing units into a single business, with plans to increase revenue but questions remaining over new build amid the government’s local housing allowance (LHA) cap.
Watford council has formed a joint venture company with its local housing association as part of a plan to deliver 500 new homes over five years.
PfP Capital describes equity investment as ‘big but logical step’ and suggests PRS fund could be replicated across affordable, build to rent, student and retirement housing.
Finance director Susan Hickey talks to David Blackman about merger, Thamesmead and a housing investment fund
Housing associations are becoming more active in the land market, but what are the risks and opportunities? David Blackman reports
Housing Minister Gavin Barwell has said housing associations may need to flex the tenure types they deliver depending on how the economy is performing.
Housing minister Gavin Barwell has acknowledged that there is a ‘price to pay’ in terms of housing delivery from the UK government’s policy to cut social and affordable rents.