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
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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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