Category: Mid Market Rent

First Site Acquisitions by Mid-Market Rent Investment Fund

PfP Capital, the mid-market rent housing fund set up last year by Places for People and the Scottish Government, has acquired two development sites in Scotland to deliver much needed affordable homes. Multi-million mid-market rent investment in East and West Scotland The first site, a £7.3 million development, was purchased in Paisley in partnership with …

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Mid-Market Homes Fill the Void

With the increasing cost of renting in Edinburgh, where average rents stand at £1095 as at Q4 2018 according to the latest Citylets Rental Report, the need for more affordable housing has never been greater. Port of Leith Housing Association and Persevere Developments just recently celebrated completion of 43 new mid-market homes, forming part of …

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Multi-Million Pound Investment in Scottish Mid-Market

Places for People have secured a Scottish Government loan funding of £47.5 million for their proposal to deliver 1,000 new mid-market rent homes throughout Scotland. Places for People have set up a residential real estate fund, PfP Capital, with the aim of supporting people on low and modest incomes in accessing high quality accommodation at …

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New Mid Market Homes Key Part of £250m Glasgow Sighthill Regeneration

Sighthill Transformational Regeneration Area (TRA) in Glasgow is the biggest project of its kind in the UK outside of London. The plan worth £250m is now moving forward with a provision of over 800 new homes (including mid market), retail units and commercial development that will complete the regeneration of the area over the next …

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LAR Housing Trust Filling the Mid Market Gap

LAR Housing Trust, in its second year since launch in October 2015, has managed to secure a multimillion pound deal that will give a significant boost to its mid market rental portfolio across Scotland. This game changing funding of £65 million was arranged by Bank of Scotland Commercial Real Estate in partnership with Scottish Widows. …

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Paving the Way for New Mid Market Homes in Leith

Link Housing Association is to deliver 199 new homes to meet a mid market renting profile. The new development has been designed by 7N Architects and will be erected on brownfield land at Salamander Place. Located between Leith Links and the docks the new homes will be built in partnership with Cruden Homes and the …

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