Homes England, Swiss Life Asset Managers and Capital&Centric have set up a joint venture called The Impact & Places Partnership to deliver more than 2,250 homes in underinvested areas in England.\u00a0<\/p>\n
The partnership aims to provide \u00a3860m worth of new homes over the next 10 years, focusing on regions with the greatest demand.<\/p>\n
Homes England holds a 40% stake, while Swiss Life Asset Managers and Capital&Centric share the remaining 60%.\u00a0<\/p>\n
Steve Reed, Secretary of State for Housing, Communities and Local Government, said: \u201cWe will get Britain building again by backing brilliant homegrown developers like Capital&Centric, and bringing in major institutional investors like Swiss Life Asset Managers, to build the homes this country desperately needs.\u00a0<\/p>\n
\u201cWe are pulling every lever to fix the housing crisis and its exactly this kind of deal that will help us build the 1.5 million homes, faster, and in the communities that need them most.\u201d<\/p>\n
Simon Century, chief investment officer at Homes England, said: \u201cAttracting institutional investment into the housing sector is critical to build the new homes the country needs and contributes to the government\u2019s ambition to build 1.5 million new homes in this parliament.\u00a0<\/p>\n
\u201cThis new joint venture aims to develop high-quality, mixed-use residential schemes and brings together Swiss Life\u2019s real estate experience and expertise with Capital&Centric\u2019s impressive residential-led placemaking focus.\u00a0<\/p>\n
\u201cOur investment in this joint venture is further evidence of our commitment to attract private capital into the residential market, while supporting small and medium developers to realise their own housebuilding ambitions.\u201d<\/p>\n
Jan Pl\u00fcckhahn, head of real estate at Swiss Life Asset Managers, said: \u201cWe look forward to bringing our financial strength and expertise, as one of Europe\u2019s longest-standing financial institutions, to the partnership.\u201d<\/p>\n
Tom Wilmot, joint managing director of Capital&Centric, said: \u201cThe strategy is all about delivering high quality neighbourhoods in a range of locations, not just core cities but also under-invested locations where the impact story is more compelling and the supply and demand dynamics are more favourable.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Homes England, Swiss Life Asset Managers and Capital&Centric have set up a joint venture called The Impact &…\n","protected":false},"author":2,"featured_media":582497,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5008],"tags":[748,393,4884,112490,88898,12147,16,15],"class_list":{"0":"post-582496","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-england","8":"tag-britain","9":"tag-england","10":"tag-great-britain","11":"tag-homes-england","12":"tag-property-development","13":"tag-regeneration","14":"tag-uk","15":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115582009585941734","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/582496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=582496"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/582496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/582497"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=582496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=582496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=582496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}