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.
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.
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.Learn More about Projects in Great Britain
We are honoured to partner with Habitat for Humanity to provide people with safe and affordable places to call home and to foster thriving local communities across the UK Farhad Karim, COO of Blackstone Europe
“This exciting partnership between Habitat for Humanity GB and Blackstone is a great step towards unlocking further social housing stock. By doing so we can provide the stability those leaving care need to unlock their potential. We believe this is a key step in beating homelessness and boosting the overall economy by reducing social exclusion.” Tum Kazunga, CEO at Habitat for Humanity Great Britain