Reall is growing a global network of effective Housing Development Enterprises to deliver land, housing and basic services at scale and in perpetuity to low income urban communities in the developing world.

Reall are supported by long-standing funding partners, the UK's Department for International Development (DFID) and the Swedish International Development Co-operation Agency (Sida).

Our Mission

Reall is building an affordable homes movement which will improve the life chances of 100 million people in urban Africa and Asia by 2030.

Our Strategy

Reall’s strategy is to get affordable homes built at scale by targeting investments, generating ideas and championing evidence. This accelerates the flow of capital and the availability of end-user finance, leading to catalytic commercial, economic and socially sustainable change.

Reall Board of Trustees

We have an active and engaged board with diverse experience who guide our strategy and ensure sound governance.

David Orr (Chair)

Former Chief Executive of the UK National Housing Federation and former President of CECODHAS-Housing Europe, the European Liaison Committee for Social Housing.
He sits on the Board of The Housing Finance Corporation.

Suzanne Forster

Group Finance Director of Orbit Group and has over 20 years’ experience of working within the affordable housing and property sector. She has held senior roles in large housing associations, including Finance Director at Viridian Housing Group, and has provided her financial expertise to organisations such as the Tenants Services Authority.

Alison Brown

Professor of Urban Development and International Planning at Cardiff University, with extensive expertise in urban planning, urban upgrading and urban informal economies. She has worked in 23 countries in the developing world in Africa, Asia, Latin America and the Middle East. She is an expert collaborating with UN-Habitat on urban livelihoods.

Shantanu Bhagwat

A one-time diplomat turned venture investor and advisor to start-ups. Passionate about social enterprises, he brings with him 25 years of global experience across sectors including 14 years of venture investing in Europe and emerging markets.

Steve Troop

Graduated from Cambridge University in 1979 and has thirty-five years’ experience in international financial services, having worked extensively in Asia-Pacific, South America, Europe and the Middle East. Now retired, his most recent appointment was as Chief Executive Officer of Barwa Bank, an award-winning Islamic financial institution in Qatar.

Amy Becker

Works in finance and business development with a focus on developing economies. She is a Chartered Accountant and was most recently Head of Country Access Strategy at Anglo American PLC.

Kate Wareing

With over 15 years experience of working to address issues of poverty and social justice in the UK, since November 2014 she has been working as a self employed consultant advising on strategy development, service redesign and organisational development issues.

Prior to this Kate spent eight years working with Oxfam in various senior leadership roles; Director of the UK Poverty Programme, Strategy Development Director and Head of Innovation and Learning.


We have a committed team who share the common purpose of creating a viable housing market at the bottom of the income pyramid.

Ian Shapiro

Chief Executive

Ian’s experiences in international development, urban policy, and the social enterprise sector are extensive and varied. He joins Reall in 2018 from Crown Agents, where he served as Chief Strategy Officer.

Ian began his career in international development in the 1990s, working for an NGO based in Nepal. Since then, he has spent the bulk of his career working for the UK Department for International Development, initially as an Urban Advisor and later as Head of Private Sector Development. Ian holds a Master’s in Urban Policy and Planning, as well as an MBA.

Mark Atterton

Director of Corporate Planning

Mark joins Reall from Oxfam where he held the positions of Head of Programme Portfolio Oversight and Development in their Oxford Offices and Country Director for Oxfam in Ethiopia. Previously Mark worked for the Inter-Governmental body of the Pacific heading up their Human Rights Programme based in Fiji and CAFOD as their Head of Region for Southern Africa based in Zimbabwe.
Mark has extensive development and humanitarian experience across Africa having lived in Ethiopia, Zimbabwe and Zambia and overseeing programmes and complex humanitarian responses in numerous countries across Africa.
Mark holds a Masters degree in Poverty Reduction and Development Management from the University of Birmingham.

Karen Preece

Finance and Administration

A Chartered Accountant by profession with extensive experience both within KPMG as well as the private and public sectors, Karen has spent the last 12 years of her career working in UK social housing as both Director of Finance and Director of Asset Management and Development. She has a wide ranging skill set that covers all matters financial for the short, medium and long term as well as procurement and governance. Long-term financial planning supported by strong systems and a real focus on efficiency and value for money are key hallmarks of Karen’s approach, which seeks to make finance a positive contributor to the success of any business.

Patrick Domingos Tembwa


Patrick joined Reall in 2016 where he is responsible for investment strategies and management of existing funds. Prior to joining Reall, he advised social enterprises in the tech and art sectors on fund raising and investment strategy. Patrick is a CIMA qualified accountant with extensive experience in financial management, investment and international development. He started his career in finance at British Telecom in 1998. Over the following decade, he worked for a real estate consultancy firm, in investment banking at JPMorgan and RBS. He also helped setup a microfinance bank in DR Congo in 2009.

Emma Harrington

Business Development

Emma joined Reall from the automotive industry where she spent 15 years in sales and marketing management roles.  Her core experience is in product management and business development, both at a central corporate level and alongside prospective and current franchise partners.  Her most recent remit involved global franchise strategy and partner development.

At Reall Emma has responsibility for a wide range of programmes including communications, investor relations and the growth of our partner network.  She is passionate about putting commercial principles to work for social impact.


Our history

In 1987 activists in the UK created the IYSH Trust, an organisation that was set up to meet a short-term need to co-ordinate UK activities during the United Nation's International Year of Shelter for the Homeless. By the end of the year, it was clear that a huge job remained to be done. As a result, a decision was made to set up a permanent organisation dedicated to support settlement initiatives in the developing world. Launched in 1989, that organisation was Homeless International.

In 2002 we started assisting our partner organisations in implementing , CLIFF, the Community-Led Infrastructure Funding Facility, into their funding and financing structures. CLIFF was the result of research into the global slum finance gap carried out by the UK Government’s Department for International Development (DFID) in the late 1990’s. CLIFF, a facility based on the principles of venture capital, allows communities to implement demonstration projects, in order to attract and secure funding for larger-scale projects.

In 2014 we were awarded the UN Habitat Scroll of Honour and were short-listed as a finalist for the World Habitat Awards in recognition of our dedication to providing innovative and sustainable solutions to key housing challenges in the global south.

In September 2014, to reflect the success of the CLIFF programme and our pioneering work in building a housing market at the bottom of the income pyramid, Homeless International was re-branded to become Reall, or Real Equity for All.

Our organisation has a long history in creating and implementing unconventional, yet effective solutions, to socio-economic inequalities. As a forward-thinking and innovative solutions provider, Reall’s adaptability and collaborative focus has helped to create true transformation within neighbourhoods across the globe.