Section: Social Landlords

Riverside and One Housing Groups in partnership talks

Posted 24.06.21
Riverside: Further reading

The Riverside Group and One Housing have announced plans to form a complementary partnership.

This follows a shared recognition that they are better and stronger together; and that when they combine they will be able to do more for their customers and the communities they serve.

Initially there will be limited impact to the services resulting from this proposal, and no change to rents, service charges or tenancy terms.

As the plan to bring the two organisations together develops, they will aim to deliver better customer services, accelerated investment in their housing stock and improved tenancy sustainment services.

The two Boards have agreed an outline business case for the partnership, paving the way for more detailed discussions and the creation of a comprehensive blueprint for how the relationship could work.

A formal consultation process will take place with residents as the plans are developed.

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Aster Group plans merger with Central and Cecil Housing Trust

Posted 24.06.21
Aster Group: Further reading

Social housing provider Aster Group and London-based housing trust Central and Cecil (C&C) have confirmed plans to merge, subject to final business case approval later this year.

Established in 1926, C&C, specialises in providing affordable housing and care for over 55s living in London.

Aster's partnership with the 1,850-home London housing trust would enable the combined group to expand its service offering and boost both organisations' capacity to build new homes.

The two entities would have the capacity to deliver 12,000 homes by 2030, an estimated £2.5 billion investment, and enable £571 million worth of asset management, maintenance, improvements and sustainability upgrades to existing stock.

If approved, the move would be Aster's second merger in the last 18 months - having entered a partnership with Dorset-based East Boro Housing Trust (EBHT) in early 2020.

The combined group - Aster, EBHT and C&C - would have a total portfolio of 34,500 homes, servicing around 100,000 customers.

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Edited by Mike Skilton



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Reporting on June 2021

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