Raven Housing Trust gets £130m investment to build 630 homes

Pension Insurance Corporation has provided a £130m debt investment to Raven Housing Trust for the development of 630 homes across Surrey and Sussex. Raven is set to deliver the new homes by 2026, with 58% to be social or affordable rent and 30% shared ownership. Mark Baker, group executive director of finance at Raven, said: “We operate in an area of high demand, with high average house prices and high house price growth.” Redhill-based Raven is a not-for-profit provider of social housing that currently owns and manages 7,117 properties across the South East. To send feedback, e-mail evelina.grecenko@eg.co.uk or tweet @Gre_Eve or @EGPropertyNews Photo © Raven Housing Trust