Places For People To Launch £550m Build-To-Rent Fund

The asset management arm of one of the UK’s largest housing associations is preparing to launch a £550m fund for investing in build-to-rent. PfP Capital, set up a year ago by 60,000-home association Places for People, will aim to forward-fund developments around the country to deliver 3,000 homes. It will be seeded with three residential schemes worth around £150m, which will be funded through a special purpose vehicle. Read more on the Places for People website.

https://www.placesforpeople.co.uk/about-us/news/2018/pfp-capital-launches-550-million-build-to-rent-fund/