Citra Living has entered into a partnership with blocwork – a joint venture between bloc group and Network Rail – and plans to build more than 2,000 new homes across the UK.
The new partnership will see Network Rail Property (NRP) draw potential sites from its extensive rail side property portfolio with bloc acting as developer and Citra Living managing and operating the built-to-rent homes, with an option to acquire some of the sites.
Robin Dobson, group property director at Network Rail, said: “This partnership, aimed at family living, is another key collaboration for NRP that will help us tangibly address the current housing crisis with thousands of new homes for families. These developments will also serve to breathe new life into towns and cities directly next to vital transport links.”
Nick Legget, development director at blocwork, added: “The partnership between Citra Living and blocwork will see some 2,000 much needed high quality rental homes delivered to city centre brownfield areas. Having launched our first build to rent in the latter half of 2023, we’re now extending our offering further, this time providing high quality homes for families. I’m excited to see how far the partnership between our organisations takes us in the years to come.”
Andy Hutchinson, CEO at Citra Living, said: “This is an exciting new partnership for Citra. It not only creates thousands of much needed new, quality family homes, it will also regenerate several disused sites. Our partnerships with others on similar properties show us how successful such projects can be in creating homes and amenities people want, where they want them.”
