Phoenix A2D
Westminster Council's Pension Fund is considering investing in temporary accommodation through a loan to an LLP.
Westminster Council's Pension Fund Committee considered a proposal in November 2025 to invest in temporary accommodation. This investment, which aims to generate both financial returns and social impact, would involve the pension fund providing a loan to a Limited Liability Partnership for the acquisition of properties used for temporary housing. The proposal aligns with the council's duty to provide accommodation for people who are homeless or at risk of homelessness.
Phoenix A2D is a project where Westminster Council manages and maintains properties as if it had full ownership, providing security for a loan. The Pension Fund Committee discussed the investment opportunity, detailed in the Temporary Accommodation Impact Investment Opportunity document, on 5 November 2025.
Key facts
- Westminster Council's Pension Fund Committee considered a proposal to invest in temporary accommodation in November 2025. Source
- The investment involves the pension fund providing a loan to an LLP for property acquisition. Source
- The proposal aims to generate impact and financial returns. Source
- The committee discussed the proposal on 5 November 2025. 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.