There's a new way to invest in the world of real estate, and it doesn't involve flipping buildings.
Instead, investors are investing in "social infrastructure," or real estate that provides services such as health care, education, and emergency services, Bloomberg reports.
"Demand for social infrastructure consistently outpaces supply, setting it apart from other real estate, retail, or hospitality," says the chief investment officer of real estate company First Reserve.
"Furthermore, a persistent investment gap in social infrastructure, as illustrated in the chart, indicates minimal risk of oversupply."
According to First Reserve, there's a lot of demand for such real estate, as governments struggle to find the money to maintain it.
And because it's a "finance-first-impact investment approach," investors can "contribute to positive social and environmental outcomes while achieving their social objectives," Bloomberg notes.
First Reserve recently launched a new fund called the Social Infrastructure Fund, which focuses on European social infrastructure, including housing, education, and infrastructure like roads and bridges, Bloomberg reports.
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