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PfP Capital announces intention to launch £150 million MMR fund in partnership with the Scottish Government

09 June 2018

PfP Capital, the fund management business established by Places for People Group, today announced that it intends to launch a new fund in partnership with the Scottish Government to invest in mid-market rent (“MMR”) properties throughout Scotland.

PfP Capital is targeting a total fund size of £150 million which will be comprised of a £47.5 million investment from the Scottish Government and an initial £10 million capital commitment from Castle Rock Edinvar is intended. PfP Capital will look to raise at least £87.5 million of additional capital from third parties over the coming months.

Social Housing

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