Business
Vistry to provide more than 1,500 new homes
Vistry to provide more than 1,500 new homes.
About this update from Vistry Group Plc
[{"type":"text","content":"\n\n5 September 2023\n \n\n \nVistry Group selected as preferred delivery partner on two schemes providing more than 1,500 new homes\n \nVistry 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.\n \nIn Newport Pagnell, Milton Keynes Council has selected Vistry Group as the development partner on a scheme delivering 930 homes.\n \nThe development, which has a GDV of circa £275m, 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.\n \nMeanwhile 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.£145m for the main works.\n \nThe 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.\n \nGreg Fitzgerald, Chief Executive of Vistry Group, said:\n \n\"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.\"\n \nFor further information please contact:\n\n\n\nVistry Group PLC\nTim Lawlor, Chief Financial Officer\nSusie Bell, Group Investor Relations Director\nFTI Consulting\nRichard Mountain / Susanne Yule\n\n\n \n07469 287335\n \n \n020 3727 1340\n\n\n\n \n\n","length":4073,"tagName":"div"}]