Vistry shares rise as Countryside Properties forms JV with Homes England
Investing.com -- Shares of UK homebuilder Vistry (LON:VTY) rose 1.5% to 632.2p on Monday after its Countryside Properties unit announced a joint venture with Homes England.
The UK’s housing and regeneration agency Homes England and Vistry’s Countryside Properties have signed an agreement to form a new vehicle called Hestia to develop community homes.
The joint venture is backed by a combined capital investment of £150 million ($202.71 million).
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