Forsters advises Swiss Life Asset Managers on £860m joint venture to deliver 2,250 homes across England
Forsters has advised asset manager and real estate investor Swiss Life Asset Managers on its joint venture with the UK government’s housing and regeneration agency, Homes England, and property developer Capital&Centric. The transaction marks a significant step in addressing the UK housing shortage by attracting institutional investment into the sector.
Known as “The Impact & Places Partnership”, the venture will focus on delivering residential-led regeneration projects that are socially inclusive, environmentally sustainable, and reinvigorate underinvested regions across England. Under the agreement, Swiss Life Asset Managers and Capital&Centric will take a combined 60% stake in the partnership. The project is expected to deliver £860million of mixed-use residential development over the next decade
The joint venture was entered into on 19 November 2025.
Forsters’ team was led by Christine Dubignon (Partner and Co-Head of Corporate) and Peter Selwyn (Partner, Commercial Real Estate) supported by Amelia Walsh (Senior Associate, Corporate) as well as Lex Ringrose (Senior Associate) Paul Grayson (Counsel) and Mary-Anne Twomey (Senior Associate) in the Commercial Real Estate team. Specialist advice was provided by Simon Collins (Partner, Banking), Shalini Karunananda (Associate, Banking) and Heather Corben (Partner, Tax).
Christine Dubignon commented: “This partnership is a great example of collaboration between public and private sectors to deliver long-term impact. We are proud to have played a part in structuring such an innovative deal.”
Peter Selwyn added: “We are delighted to have supported Swiss Life Asset Managers on this transformative venture which will give a major boost to urban areas, while ensuring sustainability and inclusion . It demonstrates the growing role of institutional capital in tackling housing challenges and creating sustainable communities.”
