Henley Secure Income fund (Henley SIPUT) has purchased £30m of supported housing assets across the UK in its second round of acquisitions, Property Week can reveal.
All properties are let on long-term and CPI linked leases to HCA registered providers. These acquisitions follow the fund’s launch and first acquisitions of £70m of supported housing assets in August 2017, and its second close of £210m in November.
Henley SIPUT was launched with a focus on the fast growing supported housing sector, targeting residential investments around the UK for the provision of long-term homes for vulnerable adults. The fund targets income over 5% pa over a 25 year life cycle.
Stuart Savidge of Henley’s fund management platform said::
“We are please to announce this second deal, which follows Henley SIPUT’s strong launch last year. The fund offers investors secure sustainable returns whilst continuing to make a difference to communities by providing much needed homes for vulnerable adults. We have identified a significant pipeline of acquisitions for the fund and look forward to announcing further deals in the coming months.”
25th January 2018 | Article by Richard Hook | Property Week
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