Supported Living Portfolio

Supported Living Portfolio

Diverse locations across England

 

Description

Portfolio of specialist supported living properties

Purchase Price

£45.2million

Net Initial Yield

6.0%

Acquisition Structure

Built assets

Dates Acquired

June, July, August, November 2017 and February 2018

Rent Review

Consumer Price Inflation (CPI)

Tenant/Guarantor

Housing Associations who are Registered Providers of social housing

Lease Term

25 years unexpired, with no break

Supported Living Portfolio

London (50%), Devon (30%), Surrey (14%), Essex (4%) and Northamptonshire (2%)

 

Description

Portfolio of specialist supported living properties

Purchase Price

£20.5 million

Net Initial Yield

6.0%

Acquisition Structure

Built assets

Date Acquired

October and December 2017

Rent Review

Consumer Prices Inflation (CPI)

Tenant

A specialist Housing Association, which is a Registered Provider of social housing

Lease Term

35 years unexpired, with no break