Social Housing REIT aims to improve the lives of vulnerable people across the UK by meeting the critical demand for specialised supported housing. Our homes give residents greater independence and dignity than institutional care. Our ambition is to be the UK’s leading Specialised Supported Housing provider, developing and acquiring homes to help improve the quality of life for vulnerable adults across the country. We aim to deliver shareholders dual benefits – attractive, risk adjusted returns and a genuine positive social impact.
“For every £1 invested SOHO generates £2.19 in social value per year over the duration of the investment”
We seek to offer vulnerable people across the UK tenancies in properties which are appropriate for their specific care and support requirements. These needs often result from mental health problems, learning disabilities, or physical and sensory impairment.
Our accommodation differentiates itself by serving as a home within a community. This compares with the care facilities that have historically been the mainstay for vulnerable people whose care needs are similar to our residents. We also seek to provide value for money to local and central government budgets by offering housing that is more suitable and cost-effective than institutional alternatives.
Our portfolio of high quality, safe and appropriately adapted properties is leased to Approved Providers, who receive payments from central or local government to provide homes for our residents. Through these leases, we offer our shareholders sustainable long-term income that is correlated with inflation.
Over sixty percent of properties in the Group’s portfolio have been newly-refurbished or newly-built to provide accommodation for some of the most vulnerable people in society. The people living in the Group’s properties have acute health needs such as learning disabilities, mental health issues, autism and physical and/or sensory impairments. These adaptations – which are agreed with Commissioners, care providers and our Approved Provider lessees range from non-slip flooring, widened door frames and grab handles, to more complex adaptations like alarm systems, wet-rooms and lifts.
Download our latest report covering impact assessments and results, contributions to outcomes impact risk assessment and next steps.
Simon, who has learning difficulties, moved into Oxford Road in December 2021, with four other people: Oliver, Fred and two Marks – Mark H and Mark L. And now the fivesome, all with very different personalities, have formed close knit friendships and a bond.
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