Savills IM Simply Affordable Homes Fund
Aims to increase availability of affordable homes in the UK.
The challenge
The UK faces a significant shortage of affordable homes with an estimated £250 billion investment needed by 2031 needed to address this shortfall.
Our approach
We invest in social property funds that aim to attract institutional capital at scale to unlock new, affordable housing supply.
The fund
The fund aims to deliver a combination of new, affordable homes and acquire existing stock from housing associations and registered providers, thereby freeing up capital for these organisations to develop more homes and reinvest in existing homes. The fund will deliver affordable and social rent, as well as shared ownership homes, via an open-ended fund structure.
The fund’s assets will be owned and managed by the Fund’s Registered Provider, Simply Affordable Homes RP Limited. The fund operates under enhanced impact frameworks and a sustainable investment strategy.
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Fund size
£123 million
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Better Society Capital commitment
£10 million