| From IPE: European pension funds who would not traditionally invest in UK rental housing may do so for the first time through an initiative to kick start investment in UK private residential property, according to a UK government body.
The Homes and Communities Agency (HCA) said it has now received 64 ‘expressions of interest’ in its Private Rental Sector Initiative (PRSI), which is designed to encourage institutional investors to build, own and maintain privately-rented homes as well as take on stalled development projects, and deliver the much-needed large-scale housing target the UK government is seeking to achieve.......Full Article (Subscription Required): Source
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