International law firm, Trowers & Hamlins, has advised Simply Affordable Homes RP on the acquisition of 143 newly built affordable rented and shared ownership properties in Heyford Park, Oxfordshire.
The acquisition is the second portfolio transaction for Simply Affordable Homes, which was set up as part of a fund structure managed by Savills Investment Management within its UK residential investment platform.
Trowers advised Simply Affordable Homes on all aspects of the property transaction through to completion of the first tranche of the portfolio in February, with further tranches to follow in due course.
The Trowers team was led by Real Estate Senior Associate, Anna Streeter, with support from Managing Associate Sarah Cross and Senior Associate Andrea Leigh.
Anna commented:
"We are delighted to have supported Simply Affordable Homes on this portfolio transaction. The acquisition underscores Simply Affordable Homes' and Trowers & Hamlins' commitment to addressing the UK's housing challenges by increasing the supply of high-quality affordable homes and helping to create a positive impact on communities, and is further demonstration of the important role that institutional capital can play in addressing the affordable housing supply."
