Countryside extends PRS deal with private equity firm

By Hamish Champ2018-06-19T12:11:00

Source: Shutterstock / Gordon Ball LRPS

Housebuilder will put up a further 5,000 private rental sector homes for Sigma Capital

Countryside Properties and private equity group Sigma Capital plan to build a further 5,000 private rental sector homes as part of an extended partnership agreed between the two firms.

The pair first teamed up in December 2014 to build 927 homes, with an extension to that agreement signed in February 2016 and a further 900 homes.

In the year to 30 September 2017, Countryside delivered 721 PRS homes for Sigma across the North West of England and the West Midlands.

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