Atrato Group is bidding to replace Alvarium as Home REIT’s investment adviser, but its social housing chief David Blakeborough is not part of the proposal, Investment Week understands.
Last week, Home REIT revealed six candidates had put in a bid to become its new investment adviser, since which Atrato Group has emerged as one of the candidates. The firm, which manages the £1.1bn Supermarket Income REIT (SUPR) and £130m Atrato Onsite Energy (ROOF), announced plans in September to IPO a new social housing REIT targeting £150m. However, the plans were aborted due to "market conditions". Independent Living REIT was intended to offer specialised supported housing for adults with learning difficulties, mental health issues or physical disabilities, larger blocks of f...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
