Patrizia plans to raise and deploy £1 billion ($1.32 billion) for essential housing across the United Kingdom, according to an Oct. 8 release.
Patrizia intends to expand its housing activity across U.K. growth cities and regions, working with metro mayors, combined authorities and local partners to identify opportunities that respond to local housing priorities. At the proposed scale of investment, the plan could support the delivery of 4,000 homes for 10,000 people over time.
The approach is designed to connect housing opportunities identified by mayoral authorities with long-term capital, potentially including U.K. pension investment. Mayors can shape local housing priorities and deploy funding, while Local Government Pension Scheme funds and their investment pools can consider suitable projects as part of their investment strategies. Any p
