Australia’s green bank, the Clean Energy Finance Corporation (CEFC) has invested A$87m (€45.6m) in Macquarie Asset Management’s specialist disability accommodation (SDA) platform.
Under the platform, homes are customised for people with high physical support needs, built with sustainable technology and features, and designed to be carbon neutral within two years.
Macquarie Asset Management executive director, Ben Barry, said: “In 2017, in response to government identifying a chronic shortage, we built expertise and asset management capability in new-build specialist disability accommodation.”
With the capital commitment from CEFC, Barry said, the platform would be expanded to give even more people with disabilities access customised housing.
CEFC CEO, Ian Learmonth, said: “Building more sustainable specialist disability housing means lower energy bills and more comfortable homes, improving financial, health and social outcomes for tenants, as well as reducing carbon emissions.”
He said the SDA platform was a “great example of prioritising innovative opportunities” to grow Australia’s low-emissions economy.
So far, the CEFC residential real estate portfolio includes a range of residential options, including build-to-rent housing, master-planned communities, seniors living and student accommodation.
To read the digital edition of the latest IPE Real Assets magazine click here.
