The challenge
The housing market no longer works for the average household in the UK.
High quality, affordable housing is in short supply. There are ever increasing numbers of people living in unsuitable accommodation, in terms of location, size, and type. Home ownership is increasingly unaffordable, leaving many people in the private rental market with insecure tenancies. And, where development does take place, it often has little regard for the existing community.
Our approach
We invest in business models that seek to reverse this trend.
The Fund
The Fund seeks to increase the stock of affordable, sustainable and multi-tenure homes in the UK.
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Fund size
£400 million -
Better Society Capital commitment
£10 million
Key information
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Geography
UK wide -
Investment type
Property -
Fund manager
Man Group -
Investment status
Current -
Investment date
2021 -
Term
10 years
Sustainable development goals
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1: No Poverty End poverty in all its forms everywhere
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3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages
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7: Affordable and Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all
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10: Reduced Inequality Reduce inequality within and among countries
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11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable