Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Troubled 3,500-home THCH would join 45,000-home Hyde as a subsidiary if deal goes ahead
Housing association Hyde has entered merger discussions with troubled 3,500-home Tower Hamlets Community Housing (THCH).
The 45,000-home provider this morning announced it is launching a six-week consultation on a ‘business combination’ with the east London landlord. This would mean THCH, which is currently non-compliant with a regulatory standard, joining Hyde as a subsidiary.
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