#Proptech company IMMO plans to invest £1 Billion:

July 28, 2022
,
IMMO Capital

With plans to invest a whopping £1 billion purchasing property, IMMO will certainly be raising a few eyebrows!

The property technology company recently announced plans to re-fit a total of 3,000 private rented sector homes – each identified as having ‘value-added’ opportunities. These purchases are likely to be from current private landlords with plans to do so by 2025.

Anna Clare Harper, head of sustainability at IMMO, was quoted as saying: “The built environment is one of the worst offenders when it comes to carbon emissions. Without a programme of mass retrofitting, the UK will not be able to meet its net-zero targets. Public investment and regulations play an important role in bringing Britain’s housing up to modern energy efficiency standards.

The private sector plays an important role. Institutional investors such as pension funds and insurers are increasingly on the hunt for assets that produce reliable, long-term income streams to match their liabilities in a way that is socially and environmentally responsible.”

This story was first seen released by the Scottish Construction Now website.

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Breaking News

ONS Private Rent and House Prices Index- May 2026

The latest ONS house price figures show that the sales market that is broadly flat. Average UK house prices were unchanged year-on-year at £268,000 in March 2026, with annual house price inflation slowing from 1.7% in February to 0.0% in March. Main points Average UK monthly private rents increased by 3.5%, to £1,381, in the…
Read More →
Overseas Property

Cyprus in demand as international property inquiries spike

Interest in Cyprus has more than tripled since the start of March, while sales to non-EU buyers have spiked by more than a fifth Cyprus is the best option for residency by investment in a major EU Mediterranean country, after Spain closed its Golden Visa in April 2025 and Portugal closed the property route in…
Read More →
Breaking News

Inflation falls to 2.8%

Industry response to the latest inflation figures and their impact on the housing market.   Nathan Emerson, CEO of Propertymark “It is very welcome news to see inflation dip this month; however, today’s figures still sit some distance away from the Bank of England’s target rate of 2%. It remains important to consider continued overall…
Read More →
Estate Agent Talk

London gardens can add more than £205,000 in value

Ahead of this year’s Chelsea Flower Show, research by Enness Global has revealed that a garden can add more than £205,000 to the value of a London home, whilst Chelsea fittingly boasts the highest degree of garden availability for high-net-worth homebuyers in the current market. Enness Global has also revealed the top five trends currently…
Read More →
Breaking News

RRA raises the cost of getting property management wrong

The latest insight from property management specialist, Rushbrook & Rathbone, suggests that the relatively modest cost of professional property management could help landlords avoid thousands of pounds in potential penalties and compliance failures as the rental sector becomes increasingly regulated under the Renters’ Rights Act.   Rushbrook & Rathbone analysed the average cost of a…
Read More →
Estate Agent Talk

The Future of Urban Real Estate: Trends and Predictions for 2026

Affordability pressures, hybrid work arrangements, and steep borrowing costs are heavy influences on urban real estate for 2026. We’re seeing an increase in mixed-use development and a renewed focus from investors on markets with a steady demand. Markets that can balance housing access, transportation, lifestyle amenities, and flexible workplaces will come out on top. Major…
Read More →