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Places for People buys the Aviva managed socially responsible igloo fund

Property group Places for People has acquired a £300m (€342.6m) socially responsible UK regeneration fund managed by Aviva Investors.
The former housing association bought the assets of igloo Regeneration Partnership Fund from igloo Regeneration and will also take over the fund’s joint venture holdings and ongoing property interests. As part of the deal, Places for People will acquire a 50% of the Blueprint Regeneration Partnership, a UCIS between igloo Regeneration Partnership Fund and Nottingham City Council, as well as 50% of BIGG Regeneration, a partnership with Scottish Canals.
IPE Real Assets – 10 May 2018