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Residential airspace developer Click has sold the entire affordable element of its Aspire development in Slough to CBRE UK Affordable Housing Fund.

Thursday 17th September 2020

We are delighted to announce that we have reached an agreement with CBRE's UK Affordable Housing Fund for the sale of our affordable homes at our forthcoming development, in Slough town centre, Aspire. The new residential development will comprise of 238 new homes, located in the heart of Slough town centre. The demand for Slough as a hotspot has been growing in popularity over recent years. The arrival of Crossrail and the town centre regeneration, means it has become the ideal choice for both first time buyers and buy to let investors, looking for growth potential and rental demand. You can find out more about how to secure a new home off-plan and benefit from the potential of future growth at www.clickaspire.co.uk

Residential airspace developer Click has sold the entire affordable element of its Aspire development in Slough to CBRE UK Affordable Housing Fund. The fifty affordable units are part of a 238-unit development in Slough Town Centre due for completion in early 2022. The fund, managed by CBRE Global Investors, invests in social and affordable housing across the UK.

Aaron Emmett, managing director of Click, said: “Our Aspire development is all about providing quality homes and we are pleased that our affordable housing funding partner on this scheme shares the same inherent values.”

DJ Dhanajai, fund manager at CBRE UK Affordable Housing Fund, said: “Partnering with Click on a development using MMC, at scale and quality, aligns with both our ethos and vision - housing delivered at affordable rents, ensuring those on lower salaries will be able to rent or own in the local area. This is in line with our fund objectives of bringing forward additional housing and contributing towards social impact.” Click was advised by SJS Law and Estate Office Property Consultants. CBRE Global Investors was advised by BCLP.

Article by By Leonore Schick @ Property Week

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