Value Group looks for £2bn to fund affordable housing drive

Value Group has launched a hunt for £2bn of funding for its new affordable housing platform.

It has appointed Avison Young to source the cash. The company already has almost 600 units completed or in development. It is aiming to scale this to 10,000 units in London and the South East, which the new funds will be committed to build.

Value Group will be the first private sector, fully integrated investor, developer and manager to focus on affordable housing with the goal of “creating a private sector-driven vertically integrated social housing enterprise”.

It will be a