Miller Homes and Citra Living partner on Priorslee units25 Apr 2024 05:11
67Sam......Citra Living news update.
Miller Homes and Citra Living, which is part of Lloyds Banking Group, have partnered to create 100 private rented sector units in Priorslee, Telford.
The 100 units for Citra at Miller Homes' Roman Croft development will be completed in two phases, with 46 in the first phase and 54 in the second.
Handover is expected to be completed by July 2026.
Danny O'Connor, divisional managing director at Miller Homes, said: "We are pleased to have agreed a deal with Citra Living to deliver 100 homes for the private rented sector in Priorslee, and hope this forms the foundation for many more in the future.
"Miller Homes' Roman Croft development offers residents a blend of thriving town life and picturesque countryside living, with easy access to both Wolverhampton and Birmingham, and the Shropshire Hills on the doorstep."
Matthew Bench, group managing director – partnerships at Miller Homes, said: "Building private rented sector homes as part of our business model, like these for Citra Living, allows us to continue diversifying our portfolio, while creating new opportunities for land acquisition and supporting our overall growth ambitions to 6,500 homes per year."
Andy Hutchinson, chief executive of Citra Living, added: "Working with Miller Homes to deliver these more energy efficient new homes supports the delivery of our goal to help more people live in the place they want and in the kind of modern home they want to live.
"By teaming up with experienced, forward-thinking housebuilders, like Miller, we can bring more, better quality homes in great locations to the market more quickly."
https://www.insidermedia.com/news/midlands/miller-homes-and-citra-living-partner-on-priorslee-units