JMW advises HSPG on landmark social infrastructure deal

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JMW advises HSPG on landmark social infrastructure deal

The Real Estate team at JMW Solicitors has advised HSPG on a deal with Fiera Infrastructure Inc. to support the delivery of new UK social infrastructure platform, Domus Social Housing Ltd (Domus).

Domus will provide supported accommodation to vulnerable residents through long-term leases with regulated housing providers. It will initially own circa 50 properties across England, housing around 1,000 people.

The new long-term partnership will see HSPG, a leading investor and manager of UK social housing headquartered in Manchester, support the acquisition, management and expansion of the new platform. Fiera Infrastructure is a leading global mid-market direct infrastructure investor.

David Searle, Co-Founder and Chief Operating Officer of HSPG, said: "We are delighted to be working with Fiera Infrastructure to bring much-needed private capital into the social housing sector to help address the UK’s supported housing shortage. Importantly, this partnership will provide high-quality accommodation to some of the most vulnerable members of our society, including those at risk of domestic violence and homelessness.

“The first portfolio will deliver positive social impact for tenants as well as the local authorities and wider community. This forms part of HSPG’s wider goal to end the UK’s homelessness crisis and ensure that everybody has access to a good quality home.”

Thomas Pearson, Real Estate Partner at JMW Solicitors, said“We’re pleased to have been able to support HSPG with this landmark deal; another project with huge social impact that will help to deliver much-needed social housing and support those most in need. Having advised the team for a number of years, it has been fantastic to see the work they are doing and watch the business go from strength to strength.”

JMW Solicitors acted as legal advisor to HSPG, while Allen and Overy advised Fiera Infrastructure.

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