Derwent Housing Association has announced that it is in the early stages of merger talks with Places for People about joining the firm’s overall group.
Derwent owns and manages more than 25,000 properties in the midlands, Yorkshire and the south east and provides student, retirement, key worker, shared ownership and market rented accommodation.
It operates commercial activities through Centro Place Investments, a for profit company through which Derwent operates its commercial activities.
Places for People currently owns or manages 150,000 homes and has a range of businesses including affordable housing, property management, leisure centres and retirement housing, construction and energy services.
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