Metropolitan Thames Valley sells stake in build-to-rent pioneer Fizzy Living

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Housing association sells remaining shareholding to US real estate giant Greystar for £400m

Housing association Metropolitan Thames Valley has sold the remaining stake in its build-to-rent business Fizzy Living to real estate investment giant Greystar for £400m.

MTVH, which founded the commercial subsidiary in 2012 as one of the first build-to-rent operators in the United Kingdom, said that it has always been its intention to eventually exit the business.

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