Thriving Investments, the socially conscious fund manager, has reached a major milestone, with over 5,000 homes now completed or under construction across the UK.
This landmark achievement follows the recent announcement of a £38 million commitment through its partnership with Gresham House to deliver 160 high-quality, affordable homes in Gloucestershire. The homes will be supported by grant funding from Homes England and investment from the Gresham House Thriving Investments Residential Secure Income LP (ReSI LP), which deploys capital into local, place-based investment opportunities that generate both social impact and sustainable financial returns.
The deal forms part of a flurry of major transactions in 2025 for Thriving Investments, including three acquisitions under Picture Living – its flagship private rental sector strategy. The company recently announced its third deal of the year deploying a further £36 million to deliver more high-quality homes, expanding its footprint in the UK’s private rented sector.
Cath Webster, Chief Executive at Thriving Investments, said: "Reaching over 5,000 homes across the UK is a significant milestone for our business and a testament to the strength of our partnerships and the dedication of our team.
“We were founded on the belief that housing should be both a financial asset and a social good and have long advocated for place-based investing. Through our strategic funds and partnerships with LGPS investors, Thriving Investments has demonstrated what's possible when institutional capital is aligned with community outcomes.
“Every home represents a step towards addressing the UK’s housing crisis and delivering long-term social value. We’re proud to be scaling impact at pace and look forward to continuing our growth journey."
The homes span a diverse range of tenures, including shared ownership and affordable, social,, and private-rented sector housing, with a strong emphasis on sustainability, community integration, and long-term affordability.
Thriving Investments now manages investment assets worth over £1.1billion and is on track to deliver over 20,000 homes by 2034. The company has established strategic partnerships with six Local Government Pension Schemes and five institutional investors, driving growth despite a challenging market landscape.
As the first fund manager to be founded by a regulated housing provider, Thriving Investments brings a unique depth of insight into both the housing sector and local community needs. By channelling institutional capital into residential development, the company is playing a crucial role in tackling the UK’s housing crisis.