Paul Bridge is the CEO of Civitas a leading impact investor. Paul is responsible for the Social Housing side of the business and joined Civitas after a distinguished career running some of the top Housing Associations and Registered Providers.
Paul was instrumental when Civitas had an IPO of the first social Housing specific REIT on the London Stock Exchange.
In this episode we discuss;
Paul's background and experience in running Housing Associations responsible for 25,000 plus homes
His advice to residential landlords looking to scale their portfolio.
What was it that made him move on to join Civitas?
Social housing and the different types of housing that the term encompasses.
What are the key metrics he looks at for the REIT and what metrics/ data is he finding that investors want to see now that maybe they were not as interested in 5 or 10 years ago?
What we're the biggest challenges in raising investment for the IPO?
How are they future proofing their current stock of housing?
Is there a concern about the increase in new rents in the PRS making a fixed rent for a longer lease period (as many social houses are) look to possibly underperform vs the rest of UK rental stock and cause even less supply to be considered for social housing?
The majority of the Social housing stock they own is existing homes. Does he see Civil investing in more new build stock?
How does the social housing market in the UK compare to other nations and what can we learn from those?
What does he feel some of the biggest risks are to the public and private social housing?
and lots more.
You can find more information regarding Civitas and their Social Housing REIT at https://www.civitasim.com
Once again a huge thanks to www.signaturepropertyfinance.co.uk for sponsoring the Rodcast. If you are looking for a Bridging or Development Product get in touch with tony@signaturepropertyfinance.co.uk and when you mention The Rodcast they will pay your legals!