Supported Living Portfolio

Supported Living Portfolio
Diverse locations across England                                      
Description                                        
Portfolio of specialist supported living properties
Purchase Price                                 
£45.2million                 
Net Initial Yield                               
6.0%
Acquisition Structure                    
Built assets
Dates Acquired                                  
June, July, August, November 2017 and February 2018
Rent Review                                     
Consumer Price Inflation (CPI)
Tenant/Guarantor
Housing Associations who are Registered Providers of social housing                       
Lease Term                                        
25 years unexpired, with no break
Supported Living Portfolio
London (50%), Devon (30%), Surrey (14%), Essex (4%) and Northamptonshire (2%)                                      
Description
Portfolio of specialist supported living properties
Purchase Price
£20.5 million
Net Initial Yield
6.0%
Acquisition Structure
Built assets
Date Acquired
October and December 2017
Rent Review
Consumer Prices Inflation (CPI)
Tenant
A specialist Housing Association, which is a Registered Provider of social housing
Lease Term
35 years unexpired, with no break