Berkeley to be first to break into private rented sector

摘要

Housebuilder Berkeley Group is set to become the first major developer to build homes for the government's Private Rented Sector Initiative (PRSI) in a deal for nearly 1,800 homes.rnThe firm has won conditional approval for funding for the developments from the Homes and Communities Agency (HCA), to cover a package of 13 sites in London and the South-east.rnThe PRSI was set up to attract investors such as pension funds to enter the private rented sector. The HCA has been trying to get a private developer or investor to build homes for private rent for almost two years.