International law firm Trowers & Hamlins has advised Man Global Private Markets (Man GPM), Man Group's private markets investment business, on the registration of Habitare Homes Limited with the Regulator of Social Housing.
Habitare Homes, a subsidiary within Man GPM’s Community Housing strategy, was registered with the Regulator of Social Housing (RSH) on 1 April 2021. The Community Housing strategy aims to provide 3,500 mixed-tenure homes in the UK by 2026.Partner Rob Beiley who led Trowers' team on the registration commented
"We are delighted to see the successful registration of Habitare Homes, which will increase the supply of affordable housing in the UK at a time of acute shortage. Man GPM's Community Housing strategy is further evidence of ever increasing investor confidence in investment in affordable housing, a trend that we have seen for the past few years and one which we expect to grow strongly in the coming years."
Shamez Alibhai, head of Community Housing at Man GPM commented
"This is an exciting milestone for our Community Housing strategy. With a shortage of quality affordable housing in the UK, we can help address this serious issue in a socially and environmentally sustainable way. Increasing the amount of socially responsible capital in the affordable housing space is good for communities and the people who live and work locally, but also for investors who are committed to achieving demonstrable returns and creating positive social and environmental change. We are pleased to be working with all our partners to deliver high quality homes to those who need them.”
