ARA unit awarded £3b affordable housing guarantee scheme in UK
Project will support delivery of 17,000 critical homes for lower income families, alleviate housing affordability issue
Singapore
ARA Asset Management on Sunday said that its subsidiary, ARA Venn, has been appointed the exclusive manager of a new £3 billion (S$5.26 billion) Affordable Housing Guarantee Scheme by the UK Ministry of Housing, Communities and Local Government.
ARA Venn is an investment manager in European real estate private debt.
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