Temporary Accommodation Impact Investment Opportunity
Westminster City Council's Pension Fund Committee is considering a proposal for its Pension Fund to provide a loan for temporary accommodation properties.
Westminster City Council's Pension Fund Committee discussed a proposal in October 2025 for the Pension Fund to provide a loan for the purchase of temporary accommodation properties. This is an impact investment opportunity where the Pension Fund would provide a loan to a separate legal entity, according to a report to the committee.
The proposal outlines that this legal entity, likely a Limited Liability Partnership, would then purchase temporary accommodation properties from the council and lease them back. The arrangement would be a credit tenant lease structure, underpinned by the council's Aa3 credit rating.
Key facts
- Westminster City Council's Pension Fund Committee discussed a proposal on 16 October 2025. Source
- The proposal involves the Pension Fund providing a loan for the purchase of temporary accommodation properties. Source
- The council's Aa3 credit rating would underpin the credit tenant lease arrangement. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.