Kerslake Review (4)

Questions to the Mayor of London – answered on 24th May 2022.

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Photo of Siân Berry Siân Berry Green

Regarding the implementation of a strategic review of funding and finance opportunities, what types of investment do you consider are covered by the term ‘private sector capital’ in paragraph 5.57 of Lord Kerslake’s March 2022 report, Review of GLA Group Housing Delivery?

Photo of Sadiq Khan Sadiq Khan Mayor of London

Following the success of my Land Fund, the Housing & Land Directorate has initiated work to establish areas of co-investment between public and private funding for an expanded Land Fund. The work is being supported by external consultancy and will explore opportunities for co-investment which support additional housing delivery as well as investment structures to enable this, whether in the form of joint ventures or via the establishment of one or several investment funds