Clarion surplus bounces back after pandemic disruption

Clarion Redbridge Homebase scheme 1

Source: Clarion/Hadley Property Group/Stockwool

125,000-home housing association increases development in first half of the year

Clarion has reported a 41% increase in its post-tax surplus for the first six months of the financial year.

The housing association giant reported a surplus of £100 million for the six months to 30 September, up from £71 million the previous year.

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