Man Global Private Markets has agreed to acquire two schemes in Milton Keynes from housebuilder Crest Nicholson.
The investor has purchased 134 homes across two sites in a deal backed by the Man GPM RI Community Housing Fund.
Man GPM will provide 79 flats as discount market rent at the Campbell Wharf site and 55 houses as shared ownership at Manor View.
Shamez Alibhai, managing director and head of community housing at Man GPM, said: “Through our partnership with Crest Nicholson we are increasing the overall allocation of key worker and shared-ownership housing in Milton Keynes while providing placemaking for those who need it in the local community – a key tenet of the fund.
“Our investment will support households who are unable to get on the property ladder to live securely in high-quality homes.”
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