Clarion Funding plc Transfer of 1,175 homes to The Riverside Group (9091E)
03 Marzo 2020 - 6:23PM
UK Regulatory
TIDM96XN TIDM51GC
RNS Number : 9091E
Clarion Funding plc
03 March 2020
Clarion Funding plc
3rd March 2020
Riverside acquires 1,175 homes from Clarion Housing Group
Clarion Housing Group announces that The Riverside Group has
acquired 1,175 homes from Clarion in Newcastle and South Shields
following a successful bidding process and consultation period with
residents.
The homes generated less than 1% of the turnover of Clarion
Housing Group.
Clare Miller, Group Chief Executive at Clarion, commented:
"I am delighted that Riverside has been chosen, in close
partnership with our residents, as the new landlord for our homes
in Newcastle and South Shields.
"Riverside has been working very hard with us to ensure a smooth
transition for residents and is already laying the groundwork for a
great relationship with them.
"Riverside has a strong existing presence in the north of
England and an excellent track record, holding the highest ratings
from the Regulator of Social Housing."
Ends
For more information please contact:
Gareth Francis, director of treasury and corporate finance,
Clarion Housing Group - 0778 7555655 /
gareth.francis@clarionhg.com
Lucy Pond, communications manager, Clarion Housing Group - 0771
8269023 / lucy.pond@clarionhg.com
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END
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