Vistry’s Countryside Partnerships buys ‘major’ site in Warrington

By

Sharecast News | 20 Jan, 2023

13:22 24/12/24

  • 547.50
  • -16.28%-106.50
  • Max: 585.00
  • Min: 523.00
  • Volume: 4,966,327
  • MM 200 : 1,134.82

Vistry said on Friday that Countryside Partnerships and Torus, the largest provider of affordable housing in the North West, have bought the 170-acre Peel Hall site in Warrington and will push forward with plans to deliver around 1,200 homes.

The homes will be delivered by both Countryside and Vistry's housebuilding business in a joint venture with Torus.

Countryside will deliver 595 affordable homes in partnership with Torus, as well as 595 homes available on the open market. The affordable homes will offer a mixture of shared ownership and affordable rent.

Stephen Teagle, chief executive of Countryside Partnerships, said: "Our team has done a great job working with key partners to secure this land. We will be providing high quality new homes across all tenures, creating a place with enduring quality.

"Peel Hall has been one of the most sought-after sites in the North West and it is fantastic that through our Partnerships and Housebuilding businesses we will be delivering much-needed new homes for the local community. This purchase will help underpin our strategic growth plans for the coming years and through our partnership approach, working alongside Torus, we will accelerate the delivery of housing and the creation of places people love."

Last news