Aviva Investors places another £50 million in UK social housing
Aviva Investors has provided £50 million in funding to Hightown Housing Association (“Hightown”), which owns and manages more than 8,700 homes and care and supported housing projects in the South East of England.
The investment will help Hightown continue its delivery of new, energy-efficient, and affordable housing across the region. It aims to provide more than 1,000 new homes over the next two years.Aviva has now invested £800 million in housing associations across the UK since 2020, in 16 transactions.
Munawer Shafi, head of structured and private debt at Aviva Investors, said: “Hightown has delivered over 4,100 affordable tenure homes in the last ten years, which fits with our preference for investment opportunities that can also contribute to positive impacts at a societal level.”