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IN BRIEF: Countryside Partnerships signs joint venture deal with MTVH

ALN

Countryside Partnerships PLC - Essex-based operative builders company - Signs a joint venture deal with London-based housing association Metropolitan Thames Valley Housing. Under the contract, the two will regenerate the Clapham Park Estate in the south London borough of Lambeth.

The project has a gross development value of around £1 billion and will deliver at least 2,482 homes across 17 sites. 53% of the homes will be for affordable tenures, Countryside adds. ‘Upon completion, Clapham Park, which spans 36 hectares and is nestled between three local centres  Clapham, Brixton and Streatham Hill  will comprise over 4,000 homes, with first completions expected in 2024,’ the company says.

Current stock price: 261.60 pence, down 3.3% on Monday

12-month change: down 46%

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