Investors are getting more exacting about impact, says CBRE IM's Andrew Davey, as the firm reaches £500m for its open-end affordable housing fund with fresh commitments from two UK pension funds.
Affordable housing, social impact and real estate decarbonisation strategies have entered the market in 2022 as the new year will see fundraising conditions tighten.
'Single-family homes must play a role' in solving the US's housing affordability crisis, says Center Creek chief Dan Magder. The firm is raising its third affordable housing fund.
Aviva Investors is seeing greater demand for social housing investments that can 'create positive social outcomes whilst also capturing financial returns'.