Phoenix, Macquarie finance 200 unit London affordable housing deal

By a staff reporter 2023-07-26T00:00:00

Phoenix Group, the UK’s largest long-term savings and retirement business, has provided a £58 mln (€67 mln) long term financing package, arranged by Macquarie Asset Management, to support a JV between Bromley Council in Greater London and Pinnacle for the planned acquisition of more than 200 affordable homes.

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