Venn funds £83m Realstar tower from govt PRS scheme

Uncle elephant and castle

Venn Partners has successfully closed its sixth sale of bonds under the £3.5bn Private Rented Sector Housing Guarantee Scheme with a £82.5m raise to back Realstar’s new PRS tower block in south London.

The investment manager runs the scheme on behalf of the government with a remit to accelerate institutional investment into the PRS sector by providing access to long-term loans.

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