Social Impact Report

Overview

The report describes CIRET's first year as an impact real estate fund, with £99 million committed to 437 homes across six schemes. It assesses the portfolio's contribution to housing needs, affordability, quality homes, partnerships, supply and value for money; 48% of homes directly meet needs identified in the impact objectives. The report highlights the fund's mixed-tenure approach and its commitment to allocating some new developments to affordable or publicly funded housing. It also identifies weaker energy performance in older properties and says resident outcomes will be assessed more closely as the fund matures.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2020-2021
Period: 1 April 2020 – 31 March 2021
Language: English
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