‘Unburdened’ for-profits have ‘more appetite’ for partnership deals, says Vistry boss

Steve Teagle Rics_Event_02.07.2024_087

Source: RICS

Stephen Teagle contrasts financially burdened traditional housing associations with for-profit providers

Vistry anticipates for-profit social housing providers to be a growing part of the customer base for its partnership-led model going forward as they have feweer financial burdens than traditonal housing associations.

The £3.56bn housebuilder posted a trading update earlier this week, revealing it expected to hit 18,000 home completions in 2024 as it reaped the benefit of a strategic pivot. 

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