Vistry Group PLC Vistry to provide more than 1,500 new homes
05 Settembre 2023 - 9:00AM
RNS Non-Regulatory
TIDMVTY
Vistry Group PLC
05 September 2023
5 September 2023
Vistry Group selected as preferred delivery partner on two
schemes providing more than 1,500 new homes
Vistry Group, operating through its subsidiary Countryside
Partnerships - the UK's leading multi-tenure regeneration business,
has been selected as the preferred delivery partner on two schemes
providing more 1,500 homes.
In Newport Pagnell, Milton Keynes Council has selected Vistry
Group as the development partner on a scheme delivering 930
homes.
The development, which has a GDV of circa GBP275m, will include
50% affordable housing, delivered in affordable rent, shared
ownership and social rent tenures. Community facilities to be
delivered include a commercial centre, primary school and public
open spaces including playing fields, sports pitches and a
wellbeing centre.
Meanwhile in London, Countryside Partnerships has secured a
Pre-construction Service Agreement (PCSA) in Southall. Network
Homes has awarded Partnerships the design and enabling works for
575 homes. The development has a potential contract value of
c.GBP145m for the main works.
The scheme will include four buildings ranging in height from 15
to 23 storeys. It will provide 174 affordable homes with the
remaining 401 homes offered in Build to Rent tenure, funded, owned
and operated by Grainger plc.
Greg Fitzgerald, Chief Executive of Vistry Group, said:
"Our unique and leading Partnerships model enables us to work
with our partners on delivering much needed homes across the UK.
Our selection for these two major developments reflects our
expertise and commitment to provide quality homes and lasting
communities."
For further information please contact:
Vistry Group PLC
Tim Lawlor, Chief Financial Officer
Susie Bell, Group Investor Relations 07469 287335
Director
FTI Consulting
Richard Mountain / Susanne Yule 020 3727 1340
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END
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