SAF Housing plans to float investment fund
17th August 2012
A CONGLETON-based business which has launched the first social housing real estate investment trust (REIT) plans to float it on the Alternative Investment Market.SAF Housing Solutions, co-founded by Phil Shanks, aims to attract up to £700m from institutional investors which will be loaned to housing associations, local authorities and other landlords.SAF has begun to accept applications and plans to list the REIT - called Houses4Homes - in the next two months.Mr Shanks said: “The problems caused by a lack of bank lendin......for the full story register now for free or login below...
More News News Archive
- Register Now For Free!