UK - Bridges Ventures invests £2.3m in keyworker housing

Bridges Ventures has invested £2.3m to fund the purchase of three blocks of studio apartments to provide key worker housing. The buildings acquired by a newco established by Bridges will provide accommodation for hospital staff employed by Plymouth Hospitals NHS Trust. The property is in Derriford, Plymouth, which meets Bridges’ social criteria of investments situated in the most under-invested areas of the UK. Key Real Estate Ltd will be responsible for the management of the properties.