trending Market Intelligence /marketintelligence/en/news-insights/trending/ps8uDtHujiSYp-u549QHKg2 content esgSubNav
In This List

BMO Real Estate Partners holds 1st close of £500M UK housing fund

Blog

Japan M&A By the Numbers: Q1 2022

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022


BMO Real Estate Partners holds 1st close of £500M UK housing fund

BMO Real Estate Partners held the first close of its approximately £500 million BMO UK Housing Fund.

Social impact investor Big Society Capital Ltd. was one of the cornerstone investors of the fund.

BMO will use the fund to provide sustainable rental properties to low- to middle-income households in the U.K. It will be governed by an ESG impact policy supervised by an independent advisory group.

The real estate investment manager will work with its development and operating partner Home Group Ltd. in the execution of the fund's housing strategy.

BMO will be investment adviser to the fund, while Home Group will source sites with the appropriate planning consents and form part of the platform for property management and leasing operations.