Berkeley Group has become the first housebuilder to commit to the Homes and Communities Agency’s private-rented sector initiative in a joint venture that will create 555 new homes for rent by June 2012.
The venture involves Berkeley receiving £45.6m of HCA funding – £29m from the agency’s Kickstart programme – to bring forward further phases of development on 10 of the housebuilder’s existing schemes across the south-west and south-east.
The money will enable 1,778 homes to be built – 555 of which will be purchased by a new private-rental fund established by …
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As police forces learn to merge and collaborate, read the latest news and views on property in the sector across the UK, from big HQs to community police stations
