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IN BRIEF: Vistry Group secures Homes England partnership

2nd Sep 2021 14:04

Vistry Group PLC - Kent, England-based house builder - Secures strategic partnership with Homes England, the only listed developer to be included in the Ministry for Housing, Communities and Local Government's 'Affordable Homes' programme. Receives five-year grant of GBP83 million to deliver 1,474 affordable homes in England. Vistry will build 25% of the homes through modern methods of construction. The homes will be built in various affordable tenures, such as shared ownership, affordable rent, social rent and rent to buy.

"I'm delighted that Vistry Partnerships has been selected for this important strategic partnership, which is testament to our longstanding relationship with Homes England, and to the quality of the homes and communities which we develop," says Chief Executive Greg Fitzgerald. "This partnership will accelerate the delivery of much-needed affordable homes, and further strengthen our ambitious growth plans for Vistry Partnerships."

Current stock price: 1,189.50 pence

Year-to-date change: up 27%

By Josie O'Brien; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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