Persimmon Homes and Clarion Housing Group have partnered to develop 70 much-needed homes in Herstmonceux, with a focus on affordable housing and sustainability.
Target Information
Persimmon Homes has initiated construction in Herstmonceux, Kent, marking the beginning of a new partnership with Clarion Housing Group, the UK's largest affordable housing provider. This collaboration, which emerged following the acquisition of the Herstmonceux site by Persimmon in November, aims to address the urgent demand for new housing by delivering a total of 70 homes in the region. Out of these, 25 units are designated for Clarion, comprising 17 affordable rental homes and eight properties for shared ownership.
Industry Overview in the UK
The UK housing market continues to face significant challenges, with a pressing need for affordable homes being more critical than ever. Increased demand has driven housing prices beyond the reach of many, particularly in urban areas, leading to an urgent call for interventions from both private and public sectors. The government has underscored its commitment to addressing this issue by promoting partnerships like the one between Persimmon and Clarion.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
In recent years, the affordable housing sector has gained momentum, with various initiatives aiming to boost the supply of homes. Local governments and housing associations have joined forces to meet the demand, particularly in regions
Similar Deals
Delancey and Aware Super → 11-12 Hanover Square
2026
Penta Real Estate → Ballymore
2025
Gamuda Land UK → City Wharf
2025
Norges Bank Investment Management → Shaftesbury Capital PLC's Covent Garden Estate
2025
Westwind Capital LLP → Westwind Strategic Opportunities
2025
Persimmon Homes
invested in
Herstmonceux
in 2025
in a Joint Venture deal