More specifically, the new fund will finance the development and renovation of housing in areas with a severe shortage of available properties, giving priority to projects that collaborate with local authorities, housing associations, and social housing organizations. According to the company, the goal is to create energy-efficient, sustainable homes for middle- and lower-income households.
The new capital is part of Octopus’s strategy to promote responsible and sustainable investments, in a market where – according to estimates – hundreds of thousands of new homes will be needed in the coming years to meet the country’s demand.
