M&G buys majority stake in green MMC housebuilder

By Carl Brown2022-01-28T07:00:00

Institutional investor inks £500m partnership with Greencore

M&G has bought a majority stake in sustainable housebuilder Greencore Construction to enable it to ramp up its development of sustainable homes.

The institutional investment giant says it plans to invest £500m over the next three to five years to build thousands of homes with the Surrey-based developer.

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