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Build to Rent Fund Prospectus
Posted on: 2 January 2013
By: mackene
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Filed under: News
In response to the recommendations of the Montague report, Review of the barriers to institutional investment in private rented homes, the Build to Rent Fund has been launched to stimulate new private rented housing supply and to provide opportunities for new institutional investment in the sector. The £200m Fund is a fully recoverable, commercial investment where the public sector will share risk or bridge finance to allow schemes to be built out, managed and let. The investment could be used to cover development costs such as land, construction or management costs. Once the scheme is fully let the developer will sell on its interest or re-finance and repay the loan/equity.
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