The Value of Home
Soho Social Housing REIT Plc
Soho Social Housing REIT plc is improving 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 traditional institutional care whilst still addressing their specialist care needs.
Our ambition is to be the leading UK Supported Housing investor, helping guarantee a secure future for people in need across the country, while ensuring that our shareholders have an attractive, long-term income source with a positive social impact.
“For every £1 invested SOHO generates £3.30 in social value per year over the duration of the investment”
We seek to improve the opportunities and stability for vulnerable people across the UK. The properties we invest in provide sustainable, high-quality accommodation for adults with 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 being a home within a community rather than the institutional care facilities that have historically been a mainstay for vulnerable people with care needs similar to our residents. We also seek to provide value-for-money to Local Authorities by offering housing that is both more suitable and cost-effective than traditional alternatives.
Our ability to forward fund the development of custom-built properties allows us to bring high-quality, high occupancy new housing stock to market to the benefit of wider society.
Our portfolio properties benefit from long-term leases to Approved Providers, which are bodies that receive their funding from central or local government to provide long-term homes for people in need of housing. Through these leases we offer our shareholders an attractive level of inflation-linked income.
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 Registered Providers 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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