Triple Point Social Housing, a real estate investment
trust, has completed the acquisition of six supported housing properties. The
REIT company says increasing political and financial pressure on housing
associations to improve delivery for vulnerable people is creating
opportunities for private sector investors to participate in the market. The
company has also acquired the land and entered into forward funding
arrangements to develop another two supported housing schemes, comprising 80
units in total, for an aggregate commitment of £14.8 million. Read more on the
Insider website.
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