The social housing sector has delivered ‘another strong
year of investment’ in new and existing properties according to the 2017 global
accounts. The main findings for 2017 are:
·
The sector invested £10bn in new housing supply
and £1.6bn in existing stock. Total investment of £11.6bn represents a 15%
increase on 2016
·
Of this, investment in new and existing social
housing stock was £7.9bn
·
Turnover was unchanged at £20bn
·
Operating margins have increased by 2% to 30%
·
Total debt held by the sector increased by
£2.9bn to £69.6bn
·
The underlying net surplus was £3.5bn – a 7%
increase on 2016
Read more on 24housing.
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