Phoenix invest £90m in affordable housing

The investment will support Alliance Homes to develop around 2,000 affordable homes

Holly Roach
clock • 1 min read
Phoenix invest £90m in affordable housing

Phoenix Group has invested £90m of long-term funding through a private placement to regulated social housing provider Alliance Homes.

The investment by Phoenix will support Alliance to develop around 2,000 affordable homes over the next ten years to help address the UK housing crisis. Alliance will use part of the funds to improv...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Sustainable and impact briefs to make up half of private market portfolios in next two years

Sustainable and impact briefs to make up half of private market portfolios in next two years

Asset owners say they can achieve better social and environmental outcomes through private markets

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Liquid alternatives can increase scheme resilience, Aon says

Liquid alternatives can increase scheme resilience, Aon says

Firm says these assets can help UK schemes improve portfolio resilience while generating returns

Jasmine Urquhart
clock 21 November 2024 • 2 min read
Pension funds set to ramp up private market and global equity allocations

Pension funds set to ramp up private market and global equity allocations

Some 94% of respondents are either already invested or planning to invest in private markets

Jonathan Stapleton
clock 20 November 2024 • 3 min read
Trustpilot