Fund management company AMPERE Gestion addresses the scarcity of rental homes by unveiling their third investment fund
AMPERE Gestion's Fonds de Logement Intermédiaire III (FLI III) Targets Intermediate Housing in France
In a bid to address the growing rental market pressure in France, AMPERE Gestion, a leading French real estate investment management company, has raised €325m for the first close of its third fund, Fonds de Logement Intermédiaire III (FLI III). The focus of this fund is on intermediate housing, aiming to provide rental solutions that bridge the gap between social housing and private market rentals.
FLI III is specifically designed to cater to the needs of households that earn too much to qualify for social housing but find private market housing unaffordable. This demographic includes key workers, young professionals, and middle-income earners, especially in urban areas. The fund aims to develop and manage quality intermediate rental housing, offering affordable and well-located housing options for these families and individuals.
As an Article 9 SFDR fund, FLI III is subject to a robust impact assessment framework. The fund team will monitor metrics such as a building's energy performance, carbon footprint, the number of intermediate housing developed, tenant profiles, accessibility for target populations, and rent affordability levels relative to local income. They will also measure the savings made compared to free market housing to ensure accountability and transparency throughout the investment lifecycle.
The metrics will be used to assess the impact of FLI III on the intermediate rental housing market in France. Co-living developments, student accommodation, and traditional rental properties are all potential areas of focus for the fund.
France is currently facing acute pressure in the rental market due to factors including demographic growth, an increase in single-person households, strict planning regulations, and a societal shift from ownership to renting. The intermediate housing shortage has become a significant issue, with many households struggling to find affordable and well-located rental properties.
By focusing on intermediate housing, AMPERE Gestion's FLI III is positioned as a specialized vehicle supporting the development of social rental housing, with a focus on sustainable, community-oriented housing projects across France, targeting urban zones with strong demand in the intermediate income segment.
Although detailed data specific to FLI III, such as exact target income brackets, geographic focus, or current portfolio, was not available in the search results, this general description aligns with typical characteristics and goals of “Fonds de Logement Intermédiaire” investment vehicles in France. For more detailed information, official AMPERE Gestion or fund documentation would be required.
- AMPERE Gestion's FLI III, an Article 9 SFDR fund, aims to address the intermediate housing shortage in France by developing and managing quality rental properties, offering affordable housing options for key workers, young professionals, and middle-income earners.
- The fund, FLI III, is designed to cater to households that earn too much for social housing but find private market housing unaffordable, and will be subject to a rigorous impact assessment framework, focusing on metrics like energy performance, carbon footprint, and rent affordability.
- By investing in FLI III, private equity firms are contributing to finance businesses that provide real-estate solutions, addressing the social impact of the growing rental market pressure in France, and fostering the growth of sustainable, community-oriented housing projects.
