8th Jun 2015 06:24
LONDON (Alliance News) - Sigma Capital Group PLC Monday said it has entered an exclusivity agreement with the Sheffield Housing Company Ltd for the provision of new private rented sector homes in Sheffield.
Under the terms of the deal, Sigma and SHC will work together over the next three years to deliver two, three and four bedroom homes for private rent. The agreement is for an initial three year period extendable by agreement between the parties.
SHC is a long term partnership between Sheffield City Council, Keepmoat Ltd, a regeneration specialist and developer, and Great Places Housing Group, a registered housing provider, to build in excess of 2,300 new homes across seven popular neighbourhoods in Sheffield.
Sigma said it is already working on the first site under its deal with SHC and is identifying further sites. It will now start discussions with the investors and partners in its existing private rented sector ventures for the homes to be delivered under this agreement.
By Steve McGrath; [email protected]; @stevemcgrath1
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