Brick By Brick seals £29m shared ownership sale

By Joey Gardiner2021-01-05T00:16:00

Troubled Croydon developer to sell 85 homes to housing investment vehicle

Under-fire council-owned developer Brick By Brick has sold 85 homes to a for-profit social landlord in a £29m deal.

The homes have been bought by Residential Secure Income Plc (ReSI), a listed investment vehicle set up in 2017 to make money from buying shared ownership properties.

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