Places for People’s takeover of small rural housing association approved

merger fit

Proposed merger between South Devon Rural Housing Association and Places for People approved

Places for People will take over the 357-home South Devon Rural Housing Association after the South-west housing provider’s shareholders approved the merger plans.

The merger was approved by South Devon Rural Housing Association (SDR) shareholders on Thursday 8 February and will now proceed subject to all required next steps being completed.

The formal merger process will begin in March and the aim is for SDR to be integrated into PfP later in this year, “continuing the seamless process for SDR customers”.

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