Real Assets

The fund is targeting £200m and plans to build sustainable and affordable homes in Greater Manchester for essential workers being priced out of the region’s booming housing market.

The loans will be used to upgrade Britain’s ageing social housing sector, which needs close to £36bn of investment to fully decarbonise, according to the National Housing Federation.

The German residential real estate technology platform says it will use the investment to deploy significant capital over the next 24 months to drive the green transition of Germany’s housing sector.

The funds will be used to build environmentally friendly homes in northern England for tenants who are struggling to find accommodation amid the country’s housing crisis.

The UK-based investor hopes to build on the growing interest by pension funds to invest in addressing the country’s housing crisis, according to the head of its homelessness property funds. 

Most of the investment will be directed to the immediate purchase and refurbishment of properties in Gloucestershire, to help reduce the number of people being housed in unsuitable temporary accommodation in the UK region.

The fund managers have launched a joint venture to invest €75m into the development of affordable and socially and environmentally sustainable housing in the Benelux region.

The fund, managed by ASR Real Estate, invests in the Dutch agricultural sector and has attracted more than €550m of commitments since it was opened to outside investors in 2022.

The asset manager has invested in assets based in the Netherlands and Spain, which it will transform into carbon neutral properties, it says.

Investors in real assets can harness urban design and nature-based solutions to safeguard against climate-related risks in cities and urban areas, say Emily Hamilton and Julie Futcher.