28th Oct 2021 11:36
RNS Number : 5963Q
Aster Treasury PLC
28 October 2021
Aster Group to merge with Central and Cecil Housing Trust in January 2022
Aster Group and London-based housing trust Central and Cecil (C&C) have today announced they will merge the two businesses in January 2022.
Aster Group is a not-for-dividend housing association with over 32,000 homes, 1,450 employees and a turnover of £214.6m. It serves customers across the south of England.
C&C specialises in providing affordable housing and care for over 55s living in London. It has 1,840 homes, just under 300 employees.
The partnership will increase Aster's net assets from £888m to just under £1bn.
ENDS
For more information contact:
Chris Benn, Group Finance Director - [email protected]
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Related Shares:
Aster 43
