Sanctuary and Southern Housing Group reveal merger plan

sanctuary-group-increases-new-affordable-housing

The two landlords would together create the UK’s biggest housing association

Two of the UK’s biggest housing associations have revealed they are in discussions over plans that could create the UK’s largest residential landlord.

100,000-home Sanctuary Group said in a statement to the stock exchange this morning that its board had agreed with the board of 30,000-home South Housing Group to “enter into due diligence and continuing dialogue in respect of a potential business combination”.

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