The UK government’s PRS housing guarantee scheme, managed by ARA Venn, has ramped up £1.25bn in lending following major deals in the first half of the year.
ARA Venn agreed some £250m in bond sales in Q2, financing six PRS loans, including a facility to back ECE’s landmark £400m acquisition of 2,063 homes from Dandara, first reported by EG.
The government launched the £3.5bn PRS housing guarantee scheme in 2012 to support institutional investors increase the supply of purpose built rented homes.
