The social bond offer for Golden Lane Housing Ltd has closed early and oversubscribed after significant interest from institutional and retail investors.
Charities & Endowments
Charitable housing association, Local Space, a specialist in the provision of high-quality, people-focused settled accommodation for key workers and those facing homelessness in East London, has secured a GBP61 million private placement agreement with MetLife Investment Management as a first step to refinancing loans maturing during the next four to five years and maintain capacity to support its ongoing growth strategy.
Legal & General announces that it has formed a long-term partnership with Sir Michael Marmot, Director of the University College of London (UCL) Institute of Health Equity (IHE) and professor of epidemiology. The partnership will lead to a multi-million pound charitable Fund – “The Legal & General IHE Places Fund” – to examine how improvements to the design and construction of our towns and cities can help to address health inequalities and support “levelling up” across the UK’s regions.
Shaftesbury has revealed the full details of the GBP510,000 of support provided by its Covid Community Fund. The fund was established in April last year to help local charities and community groups in the West End provide assistance to people affected by Covid-19.
London developer Avanton has volunteered with charity Trees For Cities to plant 300 trees along Agnes Street in East London.
Hammerson has officially launched its Giving Back Project, a new scheme which will see 88 charities, community groups and other organisations across the UK receive grants to support their important work.
LandAid’s third Steptober event sees record number of property professionals put their steps to good use.
Property industry charity LandAid’s, Steptober challenge saw 848 participants take more than 16 million steps over the last two weeks raising over GBP105,000 to help end youth homelessness.
Legal & General and Newcastle City Council have announced a new GBP5 million charitable partnership to enhance elderly care in the city, placing Newcastle at the forefront of development of ground-breaking changes to the way we care for older people.
SEGRO, a leading owner, manager and developer of modern warehouses and light industrial workspace, has provided two warehouses in kind to food redistribution charity, City Harvest, enabling it to help thousands more vulnerable Londoners urgently in need of food.
Social and Sustainable Capital (SASC), a UK fund manager and social enterprise, has invested GBP3 million from its Social and Sustainable Housing (SASH) fund into Target Housing, a charity that supports homeless people in Sheffield, Doncaster, Rotherham and Hull.