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 by 2031 of investment needed to address this shortfall.

Our approach: Better Society Capital invests into best-in-class social property funds aiming to attract institutional capital at scale that will unlock new, affordable housing supply.

The Fund: Will 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.

  • Fund size

    £123 million first close
  • Better Society Capital commitment

    £10 million

Key information

  • Geography

    UK wide
  • Investment type

  • Investment status

  • Investment date

    4 April 2024
  • Term

  • Fund manager

    Savills Investment Management
  • Co-investors

    London CIV, Samsung Life Insurance, Schroder BSC Social Impact Trust plc, Savills Plc
  • Key partners

    Housing associations