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Great Places Housing Group, which owns and manages around 19,000 homes in the North West and Yorkshire, has been selected to form a partnership with a Stockport landlord.
The Manchester-based housing association released a statement this week saying it had been selected by the board of management of Equity Housing Group as “its preferred partner to form a long-term legal partnership”.
It gave no more details about the nature of the partnership, and could not comment when asked by Inside Housing if this was a merger.
It said further information as to the legal format and timing of the completion of the tie-up would be provided in due course.
Equity manages 4,600 homes in the North West, South Yorkshire and Staffordshire.
Matthew Harrison, chief executive at Great Places, said: “We are delighted to have been chosen as the preferred partner for Equity and we are looking forward to creating a new organisation.
“Over the coming months, Great Places and Equity will explore how this partnership will work to deliver better services and more new homes for our customers.”
In February, Great Places agreed to work with Manchester Life, a residential property company jointly owned by Manchester City Council and Abu Dhabi United Group, the company that owns Manchester City Football Club, to identify viable sites for new affordable housing.
The tie-up was intended to ensure that residential development frameworks in east Manchester incorporated a range of different kinds of affordable housing and will run for 10 years.