Financial close reached for Myatts Field North PFI project

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Financial close reached for the refinancing of senior debt on the Myatts Field North PFI housing project in Brixton.

The deal, led by Regenter Myatts Field North, an Equitix-backed project company, is expected to return approximately GBP 4 million (US$ 5 million) to the authority. Completed in 2017, it included 305 new council homes, 172 refurbished council homes, 146 shared ownership homes, and 357 homes for sale, with 10% wheelchair accessible. The redevelopment also introduced new streets, green spaces, a community centre, sports facilities, and an energy plant to enhance heating efficiency and reduce carbon emissions. Regenter continues to manage tenancy, repairs, and maintenance under a 25-year contract.

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