Housing & Residential: Pinnacle Group Expands Affordable Housing Portfolio to 1,000 Homes August 20th, 2024 Mya Driver Pinnacle Group is enhancing its affordable housing efforts with the addition of 250 new homes, raising its portfolio to 1,000 properties across England and Wales. Developed by Persimmon, these homes will be managed by Pinnacle Spaces, one of Pinnacle’s Registered Providers.This expansion will significantly boost Pinnacle Spaces’ portfolio, reaching approximately 500 homes, with further plans to exceed 1,000 in the near future. The new properties, which include both social rent and shared ownership options, will be located in Burgess Hill, Mid Sussex; Weston, Spalding; Wantage, Oxfordshire; and Exning, Newmarket.Claire Kober, Managing Director – Homes at Pinnacle Group, commented: “We have a strong track record of delivering high-quality, well-managed homes and providing a reliable platform for investors. We are excited to add these properties to our portfolio, offering new affordable housing options for families and supporting community development.”Andrew Davey, Head of Liability-Aware Strategies and Affordable Housing at CBRE Investment Management, added: “We are proud of our partnership with Pinnacle Spaces and Persimmon, which contributes to addressing the affordable housing crisis in the UK. This project highlights our commitment to bridging the gap between housing demand and supply while ensuring positive returns for investors.”This development could be a key topic at upcoming property networking events and real estate construction conferences, as industry professionals explore solutions to the UK’s housing challenges. To register your place at the UK’s biggest real estate and property festival, visit https://www.ukreiif.com/ukreiif-2025/