Herts Living targets 500 homes with £2bn Morgan Sindall JV

Construction

Source: Shutterstock/SpeedKingz

Hertfordshire County Council’s recently formed property company has agreed a 50:50 joint venture with Morgan Sindall Investments with plans to create £2bn worth of residential schemes over the next 15 years.

The joint venture with Morgan Sindall subsidiary Community Solutions for Regeneration (Hertfordshire) is the first significant project for the property company, which is headed up by former Praxis boss Steve Faber, as revealed by Property Week last week.

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