CBRE GI raises £250m for affordable housing fund

Step forward homes

New fund will partner with affordable housing providers including Step Forward.

The fund manager raised the £250m from 13 institutional investors in a first closing for the CBRE UK Affordable Housing Fund, which is structured as an open-ended UK PAIF.

It is expected that 2,000 properties will be acquired by the fund over the next two years, through forward-funding deals and acquisitions of standing assets. It will invest in a range of different tenures and partner with various housing providers.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue