Waypoint Government Income Fund Limited* is a Jersey Private Fund with a hard cap of £750 million which invests in long-leased properties let to UK Government covenants, principally on behalf of UK pension fund investors. Waypoint Investment Management Ltd is the appointed investment adviser and the fund has c.£319 million under our management.

Waypoint acts as Investment Advisor to the UK Housing Partnership (UKHP), which was established in December 2025 following the corporate acquisition of the PRS REIT portfolio, valued at approximately £1.2 billion. Backed by investors including Northern LGPS and Local Pensions Partnership Investments, there are plans to scale the portfolio significantly in order to address the UK’s persistent undersupply of high-quality rental housing.

The Fund currently comprises approximately 5,500 predominantly single-family homes across the UK. It is focused on expanding a diversified portfolio of high-quality, energy-efficient housing that seeks to address structural supply-demand imbalances while delivering sustainable, long-term benefits to local communities.

In its capacity as Investment Advisor, Waypoint Investment Management Limited works in collaboration with the appointed Asset Manager, Heim Advisory UK Ltd. Waypoint provides advisory and oversight across all aspects of investment and valuation activity, operational performance, and corporate governance.

Waypoint is the appointed asset manager for the Local Retail Fund which invests in convenience and neighbourhood retail assets throughout the UK. These properties are typically anchored by a convenience store such as Tesco Express, Sainsbury’s Local or Co-Op with adjacent units let to national multiples and local convenience retailers. We are responsible for setting and executing the portfolio strategy including stock selection, transaction management, asset management and sustainability.