Published: 16th May 2018

Places for People, an affordable homes group and former housing association, has purchased the igloo Regeneration Partnership Fund from igloo Regeneration and will also take over their joint venture holdings and property portfolio. As part of the deal, Places for People will acquire a 50% of the Blueprint Regeneration Partnership, a UCIS between igloo Regeneration Partnership Fund and Nottingham City Council, as well as 50% of BIGG Regeneration, a partnership with Scottish Canals. The property group’s alternative asset management arm PfP Capital will act as the investment manager with igloo Regeneration retaining its role as development manager. Included in the deal is The Malings in Ouseburn and options on four other sites in Newcastle, Trent Basin in Nottingham, Maryhill Locks in Glasgow, the Ironworks in Leeds and Heartlands in Trevenson Park, Cornwall. Chris Jones, a managing director at PfP Capital, said: ‘This is an exciting opportunity to partner with such an experienced team … (To read the full article, subscribe below)