8 September 2025
Vistry Group PLC
Homes England and Vistry Group sign long-term investment joint venture
Vistry Group plc ("Vistry" or "the Group") is pleased to announce the formation of a long-term investment joint venture with Homes England, the Government's housing and regeneration agency, to accelerate the development of large-scale residential sites across England. The joint venture, named Hestia, is backed by £150 million of capital investment by Homes England and Vistry and is designed to deliver high-quality, mixed-tenure communities at pace and scale.
Hestia will focus on the acquisition and development of strategic sites, each ranging from 400 to 3,000 homes, and will incorporate vital new infrastructure to support thriving communities. In addition, the joint venture will seek to sell parcels of land on our larger sites to SME developers, reflecting both organisations' commitment to supporting the wider housing sector and enabling greater market participation. This partnership marks a significant step forward in delivering sustainable housing growth and unlocking the potential of large-scale sites across the country.
Greg Fitzgerald, Chief Executive of Vistry Group, said:
"As one of the country's largest providers of affordable homes, we are closely aligned with Homes England and share their ambitions for further affordable housing delivery. Hestia represents a bold and collaborative step forward in unlocking the potential of large-scale sites and accelerating the creation of thriving, mixed-tenure communities across England."
For further information please contact:
| Vistry Group PLC Tim Lawlor, Chief Financial Officer Susie Bell, Group Investor Relations Director FTI Consulting Richard Mountain / Susanne Yule |
020 3048 3396
020 3727 1340 |
About Vistry Group
A leading homebuilder, developing in partnership. At Vistry, we build homes and create sustainable new communities leaving a lasting legacy of places where people love to live.
As the country's largest homebuilder, we leverage our expertise, skills and scale to deliver quality new housing. Our Partnerships model means that we work with partners in the public and private sectors to build quality homes the country needs. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.
Our developments deliver a mix of housing tenures including affordable homes, private rented homes and private homes for sale.
Our timber manufacturing capability, Vistry Works, is at the core of our strategy. Our approach means we can build faster and more efficiently.
For more information go to www.vistrygroup.co.uk
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