Redrow and Peabody sign £50m build to rent deal

Redrow London, Pontoon Reach, The Royal Docks

Pair sell joint venture homes in Royal Docks to investors

Redrow and Peabody have signed a £50m deal to sell 131 homes at a joint venture scheme in London’s Royal Docks to a build to rent investor.

The housebuilder and housing association said they had sold the homes at the £314m Pontoon Reach development to a joint venture between Pictet Alternative Advisors and Pinnacle Investments.

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