Australian fund Aware Super halted UK housing investments after fire safety costs at Stratford's East Village hit £337.5mn, while Ontario's OMERS grows cautious about multi-family housing. Grenfell Tower's 2017 disaster triggered stricter regulations, forcing developers like Get Living to allocate billions for remediation. Aware Super's Deanne Stewart cited planning delays in Lewisham, where permits for repairs could take six months.

These moves challenge the UK's 2035 goal to attract overseas pensions and its 1.5mn-home target. Get Living, owned 22% by Aware, now faces remediation costs without development profits, per Stewart. OMERS' Oxford Properties remains optimistic about single-family housing despite broader sector concerns.