For media enquiries contact Mike.Wisgard@millgroup.co.uk
or call 020 7930 8600
Housing purchase investment fund debuts
By Ruth Sullivan
Published: November 02 2009 | Last updated: November 02 2009
A new type of fund focusing on UK residential property in London and the south east is being launched today. aimed at institutional investors and would-be buyers trying to get a foot on the housing ladder.
The £500m (€558m $822m) Investors in housing fund will work on a co-investment basis where the buyer acquires 25-50 per cent of the property via a conventional mortgate with the fund buying the rest
Mill Group plans to finance home buying
By Daniel Thomas
Published: October 31 2009 | Last updated: October 31 2009
Mill Group, a specialist property company, will next week lanch a £500m institutional investment fund to target residential property in London and the south east.
It will become the latest company to explore the potential for investing in the nascent recovery in the housing market. There has been a wave of fundraising for vehicles promising the chance to acquire residential property at much reduced prices from the peak in 2007t
Mill taps institutions for £500m
By Julia Cahill
Published: October 31 2009 | Last updated: October 31 2009
Infrastructure investor Mill Group is setting up a fund to cash in on renewed institutional interest in the residential sector.
The Investors in Housing fund will co-invest with homebuyers who do not have large enough deposits to obtain mortgages.
It will focus on new and existing stock in London and the South East in the £200,000-£500,000 price bracket and on relatively affluent buyers who fall outside the affordable housing sector.
Making a stand
Inside Housing | 29 January 2010
Mill Group boss David Toplas controls an investment fund worth £500 million giving aspiring homeowners the chance to buy. He tells Jamie Obertelli why his home buying model is one others will follow.
‘It’s not just about buying a property and selling for a profit.’ This might sound like an outlandish statement coming from a property developer but to David Toplas, chief executive of property and finance company Mill Group, it makes perfect sense.
BPF fights plight of first-time buyers
Property Week | 05 February 2010
A key issue for the next government after the imminent general election will be to help first-time buyers to access mortgages, warned government adviser Nigel Hugill at the British Property Federation’s residential conference in London
Hugill, chairman of developer Urban & Civic and adviser to the Homes and Communities Agency, said last Wednesday that first-time buyers now needed a deposit of £33,000, compared with £17,000 in 2007.
Articles from other sites
Mill Group is not responsible for the content of external internet sites
Recovery signs add grist to Mill Group’s co-invest fund
Property Week | 12 February 2010
Property fund interests LGPS
Pensions Week | 08 February 2010
Investors interest remains in market
Express & Star | 11 November 2009
£500 million investment fund to launch
Inside Housing | 06 November 2009
Need to know...
Times Online | 03 November 2009
New property fund launched
Mortgage Introducer | 02 November 2009
Housing purchase investment fund debuts
Property Week | 02 November 2009
New co-investment fund aims to help people onto the property ladder
Mortgage Finance Gazette | 02 November 2009
Property fund launches to help first-time buyers
IFA Online | 02 November 2009
Property fund launches to help first-time buyers
Mortgage Solutions | 02 November 2009
Mill Group plans to finance home buying
Reuters | 02 November 2009
Property fund to give FTBs leg-up onto housing ladder
Mortgage Strategy | 02 November 2009
Boris-backed fund offers rare SRI win
Pensions Week | 02 November 2009
UK property group launcehs $820m fund
Global Investor Magazine | 02 November 2009