SAF Housing plans float for investment fund
17th August 2012
A HUDDERSFIELD-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 cau......for the full story register now for free or login below...
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