Vistry sells 1,750 homes to Blackstone and Regis in £580m deal

Vistry sells 1,750 homes to Blackstone and Regis in £580m deal

Portfolio of rental properties, focused in the south-east of England, will be managed by Leaf Living

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The housebuilder Vistry has agreed to sell 1,750 new homes to the private equity group Blackstone and its partner Regis for rent in a £580m deal.

Vistry said the portfolio, concentrated in the south-east of England and spanning 36 developments, would be managed by the private rented sector housing provider Leaf Living, which is backed by funds managed by Blackstone and Regis.

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