|Triple Point Social Housing REIT plc|
|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…”