Blackstone Real Estate Partnership
Blackstone Real Estate, the largest owner of real estate globally have partnered with us to raise funds for our ongoing Empty Spaces projects in London’s Borough of Barking and Dagenham.
Turning Empty Spaces into Homes
Repurposing empty spaces is a crucial step in addressing the housing crisis in Great Britain. Blackstone Real Estate committed to raise £125,000 in 12 months to support the redevelopment of an empty unit in the London Borough of Barking and Dagenham.
Our Empty Spaces project seeks to convert empty commercial spaces into affordable homes for vulnerable groups facing homelessness like Josh (pictured) who found himself homeless and in need of a safe place to call home.
In addition to providing funds, Blackstone shares their expertise and deep sector knowledge to help us tackle the undersupply of affordable social housing in London.
Community Focus
Blackstone is the world’s largest alternative asset manager. They seek to create positive economic impact and long-term value for their investors, the companies that they invest in, and the communities in which they work. They do this by using extraordinary people, investing capital, and providing expertise to help companies solve problems.
Our partnership builds on Blackstone’s long-standing commitment to support the sector through its portfolio company, Sage Housing, the largest provider of affordable homes across England.
Hands-on Support
Blackstone employees have provided support to our Empty Spaces project in Barking and Dagenham with hands-on support from employees. These dedicated volunteers donned their hard hats to help clear debris, remove old fixtures and so much more.
Blackstone have also provide incredible support through their fundraising efforts all year round because they are keen to engage their employees in helping to tackle the UK housing crisis.
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