Macquarie Asset Management has provided an additional £80 million ($108 million) of long-term debt financing to the Havebury Housing Partnership, a charitable registered provider of affordable, social and shared ownership housing in the United Kingdom.
With a focus on providing high-quality, energy-efficient housing, Havebury Housing Partnership owns and manages 7,000 homes across the East of England.
Macquarie previously made an initial £75 million ($101 million) debt investment in the housing partnership in 2017. The latest investment, which forms part of a broader £210 million ($284 million) package, will enable Havebury Housing Partnership to maintain the quality of its existing portfolio, achieve its desired energy performance classification by 2030 and support the development of 250 new homes per year by 2028.
“The pandemic has underlined the importance of quality homes, communities and neighborhoods to our well-being,” said Gareth Edwards, a senior