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Housing Today
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M&G buys majority stake in green MMC housebuilder
Institutional investor in £500m partnership with Greencore to build several thousand homes
M&G has bought a majority stake in small sustainable housebuilder Greencore Construction to enable it to ramp up its development of sustainable homes.
The institutional investment giant says it plans to invest £500m over the next three to five years to build thousands of green new homes with the Surrey-based developer.
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