Real asset investment manager Patrizia has announced plans to raise and deploy £1 billion for essential housing across the UK. The initiative follows discussions between chief executive Asoka Wöhrmann and Prime Minister Andy Burnham in Berlin. The expansion aims to connect mayoral housing priorities with institutional capital, potentially supporting 4,000 homes for 10,000 people across key growth regions.
PATRIZIA and Fabrix have launched a £100m joint venture to address London’s housing crisis, starting with a major scheme in Elephant & Castle that will deliver affordable homes, student accommodation and community spaces.