Schroders Capital has a new fund in the works that it says will bring "positive social impact" to some of the UK's most deprived areas.
The UK Real Estate Impact Fund will invest in affordable homes, workplaces, and mixed-use town center repurposing projects, the company revealed at Bisnow's2021 Women Leading Real Estate event.
Schroders says it plans to invest between $150 million and $1 billion in the fund within three years, assuming an average loan-to-value ratio of 30% and a maximum loan-to-value ratio of 40%.
The company says it plans to deliver positive social impact in areas defined as deprived by the UK government, as well as deliver a financial return.
"The fund will invest to deliver positive, measurable social impact alongside attractive long-term financial returns," Schroders' Global Head of Real Estate Sophie van Oosterom says. Read the Entire Article
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.