Vistry Group (GB:VTY) has released an update.
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Vistry Group PLC has announced an agreement with Blackstone Real Estate and Regis Group PLC for the sale of approximately 1,750 new homes valued at around £580 million, concentrating in the South-east of England. This strategic move aligns with Vistry’s pre-selling strategy and is expected to significantly contribute to the company’s medium-term financial goals. The deal will also support the UK’s need for more housing and is anticipated to accelerate the construction and completion of new homes over the next two years.
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