Places for People bails out Urban Splash and rescues Park Hill

摘要

Places for People, one of the largest regeneration companies in the UK, is set to form a joint venture with Urban Splash to complete phase one of Stirling Prize-shortlisted Park Hill in Sheffield. The news follows last week's shock asset sale of Urban Splash's property portfolio and corporate restructure. The North West-based regeneration specialist sold 654 of its flats to Places for People in a deal worth £77 million.