Triple Point Social Housing REIT plc

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Triple Point Social Housing REIT plc
Date: August 2017
Deal Size: New REIT and IPO raising £200m on the London Stock Exchange
About the client: Triple Point Social housing REIT plc invests in UK social housing assets, and is focused on supported housing.
About the transaction: Akur led the project from initial concept through development and to the successful, oversubscribed IPO.

This work included, the full structuring of the new REIT, development of the investment rationale and policies, the agreements to acquire the initial portfolio of seed assets, and the sourcing of key cornerstone investors. This process was a true “idea to IPO” process, requiring a full development of a functioning REIT with an investment rationale attractive to institutional investors.

Following the IPO, Ben Beaton, Joint Managing Partner of Triple Point, commented:
“…simply put, without Akur, this project would not have happened. Thank you for the incredible effort…”
Lead: Tom Frost
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Chris Young…

Chris is focused on listed closed-ended funds, specialising in both equity and debt capital fundraising. He has over 16 years’ experience in both sales and research. With relationships across many of the large institutional investors in the sector, he has worked across IPOs, secondary fundraisings, placings and sales. He began his career in the City as an investment funds analyst at Credit Lyonnais in 1999, and has subsequently held positions at Lazard Panmure Gordon, Arbuthnot Securities, and most recently as a specialist salesman within the investment funds team at Westhouse Securities. He is focused on private and public real estate and REITs, infrastructure and utilities, emerging markets, private equity and alternatives. Tel: +44 (0) 20 3780 8746 Mob: +44 (0) 7471 141 303 Email: cyoung@akur.co.uk