Approach
Paxon advised on the set up and operation of a federal government agency, mandated to improve housing outcomes for the broader community. Paxon developed the agency’s commercial and capital structure, financial models and tools used for project assessment, and transaction managed numerous major housing investment programs
Results
Paxon has evaluated the viability of over 700 potential housing investment projects, totalling over 50,000 new affordable housing dwellings. Paxon also developed a dedicated US$6.6 billion investment fund created to address the nation’s shortage of affordable housing. Paxon's deep experience in housing, project financing and concessional instruments has supported the development of the housing sector as an investable asset class. These capabilities will be instrumental in supporting similar affordable housing initiatives across Abu Dhabi, particularly as the city expands its residential offerings