New Avenue Living Scotland Fund (Thriving Investments)
SRI Style:
Social Style
SDR Labelling:
Sustainability Impact label
Product:
Other
Fund Region:
UK
Fund Asset Type:
Property
Launch Date:
01/03/2019
Last Amended:
Dialshifter (
):
Fund/Portfolio Size:
£m
Primary fund last amended:
Information directly from fund manager.
Fund Filters
Labels & Accreditations
Find options that have chosen to adopt one of the Financial Conduct Authority (FCA) SDR labels. Please note: there are a range of reasons why potentially relevant options may not use an SDR label eg. adopting a label may be work in progress, the manager may not yet be allowed to do so because of the product type, a manager may feel they are insufficiently aligned to SDR requirements.
Sustainable, Responsible &/or ESG Policy:
Strategy: Essential Worker Housing. Forward fund / forward commit. Lease and hold
Investors: Strathclyde Pension Fund, Scottish National Investment Bank, Nationwide Pension Fund, Places for People Scotland.
- Launched in March 2019 with a loan from the Scottish government and initial investment from Strathclyde Pension Fund and Places for People Scotland.
- Scottish affordable homes for rent strategy.
- A unique, place-based inflation-linked strategy, targeting the delivery of over 1,000 high-quality, sustainable and energy efficient affordable homes.
- Let at a discount to open market rents (Mid-Market & Rent tenure), this strategy forward funds former market-value developments and converts them into key worker housing, selecting locations that are within close commuting distance of major Scottish city centres.
- Eleven sites across Edinburgh, Leith, Glasgow, Paisley, and Midlothian, with 742 homes delivered, a further 449 currently under construction.
- Portfolio is managed by Touchstone Property Managers, a Places for People business.
- To date, the Fund has delivered attractive returns for investors via a strong linkage to the Consumer Price Index (CPI) and a tangible social benefits.
(Source: Thriving Investments website, as at November 2025)
SDR Labelling:
Sustainability Impact label
Literature
| Fund Name | SRI Style | SDR Labelling | Product | Region | Asset Type | Launch Date | Last Amended |
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|---|---|---|---|---|---|---|---|---|
New Avenue Living Scotland Fund (Thriving Investments) |
Social Style | Sustainability Impact label | Other | UK | Property | 01/03/2019 | ||
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Information received directly from Fund Manager |
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Fund FiltersLabels & Accreditations
SDR Labelled
Find options that have chosen to adopt one of the Financial Conduct Authority (FCA) SDR labels. Please note: there are a range of reasons why potentially relevant options may not use an SDR label eg. adopting a label may be work in progress, the manager may not yet be allowed to do so because of the product type, a manager may feel they are insufficiently aligned to SDR requirements. Sustainable, Responsible &/or ESG Policy:Strategy: Essential Worker Housing. Forward fund / forward commit. Lease and hold Investors: Strathclyde Pension Fund, Scottish National Investment Bank, Nationwide Pension Fund, Places for People Scotland.
(Source: Thriving Investments website, as at November 2025) SDR Labelling:Sustainability Impact label Literature |
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