We are thrilled to announce the launch this week of the new L&G Affordable Housing Fund. There has never been more pressure on England’s housing supply – a problem this fund will seek to address by putting pension capital to work in funding purpose-built rental and shared-ownership housing.
With equity and affordability the fund’s twin priorities, it aims to positively impact hundreds of lives – a goal that has already attracted a cornerstone commitment of £125 million from ACCESS Pool, a collaboration between multiple local government pension schemes.
For professional investors only. Capital at risk.
This is very dangerous indeed. Local government pension funds ploughing their members’ money into political schemes, rather than seeking returns, and L&G using its power of discretionary investment to gain political favours (seats on advisory bodies, gongs, honours) by burying members’ money. Who ever made a return out of the affordable sector? The clue is in the name: low price/low rent = low profit (and soon you won’t be able to evict even if the tenant never pays).
Interesting article on sale of #residentialproperty portfolio to a #pensionfund
I am constantly puzzled by why in the UK ( and probably elsewhere) there seem to be very few financing vehicles ( debt and equity) to support increased provision of #socialaffordablehousing other than #RegisteredHousingProviders.
There are tremendous opportunities in this sector for mixed public / private sector finance to provide investors with fair returns, tenants with fair rents ( including options for shared ownership / participation in capital value increases) and good quality housing, and Central and local government to help to increase the amount of social and affordable housing( including repurposing empty / underutilised commercial space).
Why is this not happening at scale? I'd be interested in any comments on why not? Where there is a will there is a way!
https://lnkd.in/eEsJA8H3
By listing on The Registry you can pitch your fund raise to Local Government Pension Funds, along with Local and National Government. The Tories started with their "Levelling Up" initiative through which pension funds were motivated to invest here in the UK.
The new Labour Government knows that growth is the way to repair the UK economy, and to achieve that much needed growth businesses need capital to grow and prosper. Labour plan to take the past Government's initiative to a whole new, much higher level.
In a joint venture with political advisors, Wellington Street Partners, we have created The Registry so that fund managers, along with medium to large corporates can pitch directly to Local Government Pension Funds, and Local and National Government for investment capital.
The Registry is not a blind database, it is our contact list of over 400 investment officers, trustees and chair people, all MPs and numerous civic servants. It took over 15 years to build and nurture into what it is today. We only send our contacts what we believe they will be interested in, nothing else.
Please visit our web site: www.the-registry.uk for further details of how to apply for a listing.
#theregistryuk#fundraise#government#localgovernment#fundmanagement#equity#investment
#analysis: Office Tower SOLD FOR $1 - US Commercial Property Collapses As Pension Fund Panic Sells
#excerpt
March 2, 2024
"The US commercial real estate crisis just got worse with a pension fund selling it's Manhattan building for one dollar! As interest rates continue to hammer on commercial property, more banks and funds are at huge financial risk. Here's why banks might be taking a brutal hit soon;
”Canada Pension Plan Investment Board has done three deals at discounted prices, selling its interest in a pair of Vancouver towers, a business park in Southern California and a redevelopment project in Manhattan, with the New York stake offloaded for the ’eyebrow raising price of just $1. The worry is deals may set an example for other major investors seeking a way out of the turmoil too.”
https://lnkd.in/dUn7RHsy#perspective
The West is about to realise that citizens cannot eat ’white supramacy'; the West designed a foreign policy that exploit and pushes white supremacist agenda.
Asia and the Arab world are no longer interested in playing white extremists games of global anti black.Leaving the US and UK in particular exposed to the changing world.In Africa the west targeted Luo groups subjected them to horrific dehumanisation similar to how the Israeli state handle the Palestinians.
It so offended Gulf countries got the Saudis and Iranians into working together to counter Western malign activities in the Horn of Africa.It is only Westerners who do not know the Horn of Africa is home to a significant population of Hebrew Israelites, who are Dark Skinned not European or Asiatic
Western elites and agencies see recognition of Hebrew Israelites as Negro, a threat to the idea of Jewish homeland in Palestine, thus the many hostile activities towards the Luo community l
The Chinese who paid a ransom for the lives of the Luo, offering the Horn of Africa countries access to Chinese market, investment and security assurance, earned the respect of the Muslim world.
March 21, 2022
"China will send out engineers and students. We don’t send out weapons".
"We don’t impose our views on others in the name of democracy or human rights".
"Our real purpose is to achieve common development and prosperity".
"We want to see our friends here enjoy the same living standards, the same happy life".
https://lnkd.in/duC3mPxD
The miracle is; even with the suppression of the Luo; the community continues to thrive. There regions are slowly emerging out of the chokehold of white industrial complex; who corrupt the system to paralyze governance in regions inhabited by Luos;
5 Apr 2019 — Non-Governmental Organisations (NGOs) operating in Nyanza region received Sh45 billion from donors last year, a report has revealed.
https://lnkd.in/d8PB4iiG
Wealthy Chinese and Gulf nationals are pulling their money out of the West, to cut off terror financing in regions populated by the Hebrew. Western tax payers have no idea Zionists control Western foreign policy.
Excellent news; however, the most significant impediment across Metropolitan Australia is the need for suitably zoned land to allow enough scalable quality mid-rise apartments to meet the market.
In solving the single most considerable market shortage, enough downsizing opportunities for Australia's over 2m "Baby Boomers " to stay in the suburbs they love and over 1m "Essential Workers" in both sectors looking for a walkable solution to nearby Railway Stations and Tram Stops ( across Metropolitan Melbourne over 1,700 tram stops) nearby their jobs.
Australia's slow custom building methods are another impediment, especially with the staggering shortage of tradies across Australia, and opportunities for institutions to invest in this sector on scale are limited unless more rezoned land is made available immediately near all the community facilities required by the "Baby Boomers" and "Essential Workers."
The ALP Minns NSW government has advanced planning, a vast quality mid-rise apartment re-rezoning plan near many of its 170 Metropolitan Railway stations, and hundreds of billions of dollars of publicly funded transport infrastructure that can be better utilized.
The Minns Government is committed to offering an alternative to Australia's slow custom construction methods with funding budgeted to open up whole construction methods in advanced modular construction just like the Scandinavians and Europeans have been doing in advanced modular in engineered timber via Cross Laminated Timber (CLT) from renewable plantation forest trees stored carbon over the last three decades or more even entirely new cities in development in CLT which offers "Speed to Market" and a sustainable solution.
Our Thrive Alliance is offering a scalable solution to these institutional investors who are now focusing on solving Australia's housing crisis by providing long-term investment in the housing market on scalable solutions.
We're thrilled to partner with Cbus Super Fund, CareSuper, Hostplus and Rest as we seek to collectively deploy capital into the housing sector to generate long term risk adjusted returns for their members.
Managed by IFM Investors, Cbus Super, CareSuper, Hostplus and Rest are seeking to collectively partner with community housing providers to support an initial investment in social and affordable housing through the Commonwealth Government’s Housing Affordability Future Fund (HAFF), delivering on their commitments through the National Housing Accord.
Through this collaboration we have the potential to protect and grow the retirement savings of working people by investing in much needed affordable housing.
Read more via The Age or find our media release here: https://lnkd.in/gmp4igUi#superannuation#housing#investment#IFMInvestors
Last week we announced that L&G has unlocked Private Markets access for 5.2 million DC members, marking an important milestone for the industry.
Enabling DC pension savers to access Private Market investments such as clean energy, affordable homes, university spin-outs and critical infrastructure, is something we’ve been working on for many years.
We knew there was strong alignment between the long-term investment horizons of Private Markets and the patient nature of retirement savings. The investment areas available to DC members are core parts of our purposeful Private Markets investment strategy, which focus’ on communities and creating a better society – something through our history we have prioritised and will continue to do so, to help benefit the real economy.
This milestone is a true testament to the innovative nature of our approach, where we can bring together expertise as the largest DC pension provider in the UK and our deep knowledge of Private Markets to create opportunities that aim to meet the needs of our clients and their pension members, whilst supporting our Private Markets growth ambitions.
For professional investors only. Capital at risk
https://ow.ly/KvlY50SxBHE
Boom !!! another day another deal secured in PE3
Nice and close to the 3000 employees who work at the Peterborough hospital 🏢👨⚕️
This time for another City worker looking to create a long term wealth for his future pension.
He simply "did not have the time or network" in his words to invest in property but always always was interesting in inviting in it.
Now he is on to property number 2 with the view of building a portfolio of 10 over the long term.
He will now sit on them collecting his passive rent and allow time to create his pension (capital appreciation)
How he done this is worked with myself as a hands-free client using my time , experience and network to build his portfolio for his future wealth.
In his words "brilliant I can focus on making my money and what I am good at and you do the rest and make my pension lovely jumbly " - did make me chuckle when he said this but he is 100% correct.
If your a City worker looking to build that portfolio but little time or network to achieve then simply 👉DM me the word Property👈
I will personally be in touch to see how I can best help you :)
Have a great day everyone
#rgpropertysolution#propertyinvestinguk#investors#property#cityoflondon#CityLife#Pension#wealthbuilding
Boom !!! another day another deal secured in PE3
Nice and close to the 3000 employees who work at the Peterborough hospital 🏢👨⚕️
This time for another City worker looking to create a long term wealth for his future pension.
He simply "did not have the time or network" in his words to invest in property but always always was interesting in inviting in it.
Now he is on to property number 2 with the view of building a portfolio of 10 over the long term.
He will now sit on them collecting his passive rent and allow time to create his pension (capital appreciation)
How he done this is worked with myself as a hands-free client using my time , experience and network to build his portfolio for his future wealth.
In his words "brilliant I can focus on making my money and what I am good at and you do the rest and make my pension lovely jumbly " - did make me chuckle when he said this but he is 100% correct.
If your a City worker looking to build that portfolio but little time or network to achieve then simply 👉DM me the word Property👈
I will personally be in touch to see how I can best help you :)
Have a great day everyone
#rgpropertysolution#propertyinvestinguk#investors#property#cityoflondon#CityLife#Pension#wealthbuilding
This is very dangerous indeed. Local government pension funds ploughing their members’ money into political schemes, rather than seeking returns, and L&G using its power of discretionary investment to gain political favours (seats on advisory bodies, gongs, honours) by burying members’ money. Who ever made a return out of the affordable sector? The clue is in the name: low price/low rent = low profit (and soon you won’t be able to evict even if the tenant never pays).