Peabody plans to build 3,000 homes per year after Catalyst merger

St John's Hill - Peabody (3)

But rapid expansion of development is not on the cards, says chair Lord Kerslake

Housing association Peabody has plans to build more than 3,000 homes per year if its proposed merger with fellow G15 landlord Catalyst goes ahead, according to Peabody chair Lord Kerslake.

However, Kerslake told Housing Today the 3,000-home figure was simply a combination of the existing development programmes of the two organisations, and that the merger would not see the organisations’ accelerate their housebuilding activity.

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