Homes England enters into new joint venture - The Impact and Places Partnership - with Swiss Life Asset Managers and Capital & Centric
Three organisations with complementary expertise in investment, housing and regeneration have entered into a joint venture to spearhead the creation of more than 2,250 homes in underinvested areas in England.
Homes England, Swiss Life Asset Managers and Capital & Centric have entered into The Impact & Places Partnership, which aims to deliver £860 million of new homes over the next decade in regions where demand for housing is most acute.
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Homes England has a 40% stake in the joint venture under the terms of the agreement, with Swiss Life Asset Managers and Capital & Centric taking a combined 60% stake.
Steve Reed, Secretary of State for Housing, Communities and Local Government, said:
Simon Century, Chief Investment Officer at Homes England, said:
Jan Plückhahn, Head of Real Estate at Swiss Life Asset Managers, said:
Tom Wilmot, Joint Managing Director of Capital & Centric, said:
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Notes to Editors
ENDS