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Edmond de Rothschild secures €34 million from Strathclyde Pension for affordable homes

Edmond de Rothschild Real Estate Investment Management, the real estate platform of the Edmond de Rothschild Group, has secured a £30 million (€34 million) commitment from Strathclyde Pension Fund into Funding Affordable Homes, a UK affordable housing fund.

Funding Affordable Homes invests in the UK affordable housing sector, with the objective of increasing the number of affordable homes, delivering positive social impact and providing progressive returns to its investors. The fund’s portfolio (valued at £133.9 million on 30 September 2022) currently comprises 768 existing homes across 10 projects, representing affordable homes for up to 1,300 people across the UK.

Source: Propertyeu.info on the 31st of January 2023
https://www.propertyeu.info/nieuws/Edmond-de-Rothschild-secures-34m-from-Strathclyde-Pension-for-affordable-homes/89b123a1-13c1-4b91-a82c-4ca162059903?utm_source=dlvr.it&utm_medium=twitter