Vistry acquires site for 726 homes in Devon for €250m

Vistry Group, a FTSE 250 listed housebuilder, has completed the acquisition of a £215 million (€250 million/$294 million) site for 726 homes in Wolborough, Devon, United Kingdom.

The new development is situated in the ancient parish and market town of Wolborough, in the Newton Abbot area of Devon. The 96.5-acre site will offer a full suite of one- and two-bed apartments, in addition to two-, three-, four- and five-bed houses. Of the 726 homes, 145 will be affordable dwellings and 36 are designated as self-build plots.

“Given the strength of demand for our new builds, this latest site of over 700 homes will allow us to deliver much-needed housing, all the while boosting investment and jobs in the region,” said Keith Carnegie, CEO of Vistry Housebuilding.