Genesis enters into £125 million investment agreement

Advertise here

Published by Max Salsbury for 24dash.com in Housing and also in Development, Finance

Genesis Housing Association is entering into a £125 million agreement with an investment manager - the largest initiative of its kind and the first in London. The social landlord's deal with M&G Investments is for its Halo development in East London, and is the first institutional investment in residential real estate for M&G’s Secured Property Income Fund (SPIF). Genesis - which manages around 33,000 homes in London and the South East - says that the venture will provide it ...

Read full article...