Universities Superannuation Scheme acquires shared ownership properties from US private equity group
Business live – latest updates
The US private equity group Blackstone has sold more than 3,000 shared ownership homes to Britain’s biggest private pension fund in a £405m deal, the latest by big investment companies in the UK housing sector.
The New York-based company sold the portfolio to the academia pension fund, the Universities Superannuation Scheme (USS), which manages more than £75bn of assets.
Continue reading… World news | The Guardian