21st May 2024
Vistry Group
PLC
Vistry signs agreements to
deliver 575 mixed tenure homes
Vistry Group has been selected by
Sovereign Network Group to construct and deliver a 100% Partner
Funded scheme at Merrick Place in Ealing worth £157m. This
innovative, residential-led scheme will create 575 new mixed-tenure
homes along with commercial floorspace across four separate
buildings, and will include affordable homes for rent, shared
ownership and PRS. The development will be a car-free zone,
featuring 926 designated spaces for bicycle parking and two
dedicated servicing bays, located on Merrick Road.
Greg
Fitzgerald, chief executive of Vistry Group,
said:
"We are delighted to be appointed on this fantastic new
development in Ealing working with one of our established partners.
Not only are we bringing forward 575 much-needed new
mixed-tenure homes for the local community, but the scheme is also
facilitating new job and apprenticeship opportunities for local
residents. We are proud to be playing a key part in the
innovative ambitions for the transformational regeneration of
Ealing and to extend our work with the newly merged Sovereign
Network Group".
David Gooch, executive director of development for London and
Herts at SNG, said:
"The Merrick Place project in Ealing is a
flagship scheme within SNG's London New Homes Programme. We
are delighted to have contracted with Countryside Partnerships who
are also our Joint Venture Partner at Northwick Park Hospital in
Brent. Together these two projects will deliver over 1,100
high quality new homes in North West London."
ENDS
For further information please
contact:
Vistry Group PLC
Tim Lawlor, Chief Financial
Officer
Susie Bell, Group Investor Relations
Director
FTI
Consulting
Richard Mountain / Susanne
Yule
|
07469 287335
020 3727 1340
|
About Vistry Group
Vistry Group is the UK's leading
provider of affordable mixed tenure homes. Our purpose as a
responsible developer is to work in partnership to deliver
sustainable homes, communities and social value, leaving a lasting
legacy of places people love. We are a young and dynamic
business with a Partnerships-led approach, delivered under our
Countryside Partnerships brand, and an exciting timber-frame
manufacturing operation called Vistry Works, running three
factories and supporting our drive towards net zero
carbon.
Delivering thousands of homes every
year for the affordable and private marketplaces, Vistry Group also
has an unmatched portfolio of retail brands, each with a rich
history and strong reputation: Linden Homes, Bovis Homes and
Countryside Homes.
We are a multi award-winning
housebuilder and the Group has again been awarded the 5 Star Rating
by the Home Builders Federation following the latest industry's
Customer Satisfaction Survey. For more
information go to www.vistrygroup.co.uk