Countryside Partnerships has entered into a new framework agreement with Sigma Capital Group to deliver 5,000 new homes for Sigma’s build-to-rent (BTR) brand Simple Life Homes.
The new homes will be delivered across a number of UK regions over the next five years.
Greg Fitzgerald, CEO of Vistry Group, said: “This framework agreement with Sigma is another great example of how our partnerships model can deliver at scale the mix of housing tenures that residents across the UK desperately need. High-quality build-to-rent homes continue to be an important offering for our mixed-tenure communities, and we are thrilled to be continuing our long-term partnership with Sigma.”
Graham Barnet, CEO and founder of Sigma Capital Group, added: “We are delighted to be extending our long-term relationship with Vistry. They have been the foundation partner of our BTR single-family housing model since 2014 where we have delivered over 8,500 new family homes across the UK with a delivery cost of £2.25bn to date.
“We currently have over 3,500 additional homes under construction across the UK and with a track record of 98% let or reserved at any given time, and above industry standard BTR customer review scores, we’re looking forward to delivering many more much needed BTR family housing over the next five years with our partner Vistry. Vistry have been the majority delivery partner across our estate and define the concept of partnership in both our complementary models to deliver high-quality family homes for rent at scale.”
