BlackRock Real Assets’ European infrastructure debt business has made its third UK social housing debt investment with the provision of a £75m financing to GreenSquare, which has over 11,500 social housing properties throughout Wiltshire, Oxfordshire and Gloucestershire. The company said it was “delighted that we have been able to secure this funding for our new social housing portfolio in England”.
BlackRock Real Assets’ European infrastructure debt business has made its third UK social housing debt investment with the provision of a £75m financing to GreenSquare, which has over 11,500 social housing properties throughout Wiltshire, Oxfordshire and Gloucestershire. The debt transaction is secured against existing social housing stock and allows GreenSquare to build new homes in a market impacted by shortages in affordable housing, BlackRock said.