ReSI Investment Strategy
Secure, stable and inflation-linked returns
Our strategy seeks to deliver inflation linked target 5% p.a. dividend and total return in excess of 8 % p.a. ( assuming 2.5% RPI )¹
£
Large portfolio
ReSI has been building and aims to sustain a large portfolio of UK social housing across Shared Ownership, Market Rental, Functional and Sub-Market Rental Housing
Strong counterparty
covenants
Strong counterparty covenants-larger Housing Associations, Local Authorities, leading private operators or shared equity tenants
Forward-funding
ReSI is targeting standing investments and forward fund opportunities
Investment grade
Investments will be limited to property portfolios where long-term matched investment grade equivalent debt funding can be agreed at acquisition
Long lease or freehold
Acquire modern properties on a predominantly freehold or long leasehold basis
Management
Outsourced responsibility for operations and maintenance of properties with operators or tenants
ReSI investment strategy focused on four transaction types
Shared ownership housing
Private rental, temporary housing and university housing
Supported housing, assisted living/sheltered housing and elderly care housing
Affordable and intermediate housing and other
sub-market rental housing
Housing Association ("HA") or Local Authority ("LA") as manager
HA, LA, university
or strong private operator
Care provider or operator (HA, LA or strong private operator)
HA or LA
Allow first time buyers onto property ladder by offering partial ownership
Providing accommodation for those who can’t or don’t want to purchase own home or have a temporary accommodation need
Purpose built housing for older people and those requiring specially adapted dwellings or a support service
Subsidised rent for key workers and low income groups
None (staircasing sale at open market value)
Freehold interest, maybe subject to reversion
Freehold interest
Freehold interest
Shared Ownership Housing
Market Rental Housing
Functional Housing
Sub-Market Rental Housing
Asset Type
Counterparty
Purpose
Security Title at end of lease
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These are targets only and not profit forecasts and there can be no assurance they will be met