Real Estate

Vistry Turned to Private Equity for Discounted Bulk Sales

Bulk sales by home builders to investors have become a common feature in a lackluster housing market.Photographer: Chris Ratcliffe/Bloomberg

UK homebuilder Vistry Group Plc sold more than 200 properties in multiple discounted transactions from 2023 through 2025, a move that would have helped the company generate cash as it grappled with a series of profit warnings.

The Kent-based company agreed the sales with private equity firm Brydell Partners, according to property filings. The transactions, including the most recent sale on June 27, unlocked at least £75 million ($100 million) of cash, the analysis shows, over a period when Vistry was navigating a weak housing market and accounting issues that triggered the profit warnings.