Monday, 16 January 2017

Hyde announces Barratt joint venture

A major London housing association has announced a joint venture with a house builder to build 318 new homes.

Hyde Group announced the deal with Barratt London today, which will see the pair take on the regeneration of Harrow town centre.

The development will provide 267 homes for private sale, 30 homes for affordable rent and 21 homes for shared ownership.

Housing associations are widely expected to agree more joint venture deals with private builders as they diversify into sales following the Budget.

Mike Johnson, Hyde Group’s development director, said: “By working together through a joint venture partnership, we can share risk and reward to deliver much needed new homes and exceptional educational and leisure opportunities for Harrow.”

Readers' comments

Comments are only open to subscribers of Inside Housing

Already a subscriber?

If you’re already a subscriber to Inside Housing, your subscription may not be linked to your online account. You can link your subscription from within the My Account section of the website and clicking on Link My Account.

Not yet a subscriber?

If you don't yet subscribe to Inside Housing, please visit our subscription page to view our various subscription packages.

Have your say

You must sign in to make a comment

sign in register

Newsletter Sign-up

Related

Articles

  • Hyde and Brighton launch £106m joint venture

    12 December 2016

    A housing association and a city council have agreed a joint venture to build 1,000 homes linked to National Living Wage levels.

  • Hill and Hyde launch £150m joint venture

    5 December 2016

    Hyde Housing Group and house builder Hill have launched their first joint venture, for 287 homes in Brent.

  • Kier launches joint venture model

    1 September 2016

    A major developer has launched a joint venture model in a bid to form partnerships with Northern housing associations and build 1,000 homes in three years.

  • Barratt announces 34% profits boost

    24 February 2016

    Barratt Developments has reported a profit of more than £300m and the completion of 7,626 homes for the six months leading up to December.

  • Call for joint venture support in NI

    21 January 2016

    The Northern Ireland Executive should do more to support joint ventures involving housing associations, an independent report has recommended.

IH Subscription