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PGIM’s UK affordable UK housing strategy expands portfolio

PGIM Real Estate’s UK affordable housing strategy has expanded its portfolio with three singlefamily housing transactions. 

PGIM is acquiring 73 new homes in Littlehampton, West Sussex, and is expanding the portfolio with two additional acquisitions in Exeter, Devon, and St Austell, Cornwall. Financial details of the transactions were not disclosed. 

PGIM Real Estate’s UK affordable housing strategy acquires and operates single-family rental homes at affordable rents, providing housing for working families and co-renters.

Source: realassets.ipe.com on the 13th of February

https://realassets.ipe.com/news/pgims-uk-affordable-uk-housing-strategy-expands-portfolio/10128825.article