Blackstone sells 3,000 UK homes to USS for £405m, the largest shared ownership homes acquisition since 1990.

Blackstone sells 3,000 UK homes to USS, UK's largest private pension fund, for £405m ($686m). This is one of the largest housing deals in the UK this year and the largest acquisition of shared ownership homes since their creation in 1990. Blackstone has been investing in UK residential property due to supply shortage and plans to profit from the housing shortage. The deal aligns with the UK's new Labour government's promise to build 1.5 million new homes over its first five years in power.

August 13, 2024
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