LONDON: Thrive Homes and Watford Community Housing have announced they are in formal discussions over a potential merger, which would create a new customer-focused Community Gateway housing association – significantly strengthening the delivery of affordable housing across Hertfordshire and their wider operating areas. Boards of both housing associations have approved an outline business case for…
LONDON: Mears Group PLC, the leading provider of housing services to the public and regulated sectors in the UK, has acquired 100% of the share capital of Pennington Choices Group Limited (PCL) for a total cash consideration of £9.5m settled in full on completion and financed from existing cash resources. The business is acquired on…
LONDON, UK: Sanctuary Group has issued a £150m tap of its existing 2.375% secured bonds due 2050, a statement said. Successfully navigating the current volatile market backdrop, the tap issuance attracted a broad number of investors, with a final orderbook that was over 5x subscribed. The deal priced below the Group’s existing cost of capital,…