An Abu Dhabi Investment Authority (ADIA) vehicle has committed £200m (€240m) to UK private-rented sector provider Fizzy.
Thames Valley Housing (TVH) subsidiary Fizzy said it received the new commitment from Silver Arrow, an entity owned by ADIA.
Fizzy said it now had capital available to “significantly increase the speed at which it can grow its portfolio” and would continue to purchase new buildings from developers, as well as develope its own apartment buildings.
Early last year, Macquarie Capital provided a £40m debt facility.
Institutional investment in the UK’s private rented sector has become a hot topic in recent weeks, with both the BPF and IPD holding discussions on the sector’s ability to attract capital last month.
