NEWS IN NUMBERS
Government enters new housing joint venture
A new government- backed joint venture will aim to open up opportunities for smaller housebuilders after Homes England confirmed it had taken a 40% stake in a £860 million development partnership aimed at regenerating underinvested areas. The Impact and Places Partnership – a collaboration between Homes England, Swiss Life Asset Managers and Capital & Centric – planned to deliver more than 2,250 homes across England over the next decade. The remaining 60% stake would be held by the two private- sector partners. For SMEs, the agency said the JV was intended to unlock land, attract large-scale investment and create routes for smaller developers to take part in mixed- use residential projects that might otherwise be beyond their reach. Simon Century, Chief Investment Officer at Homes England, said the venture brought together “Swiss Life’s real estate experience” with Capital & Centric’s “residential- led placemaking focus”. He added that the partnership would
help to attract more private capital into the market while “supporting small and medium developers to realise their own housebuilding ambitions”. Housing Secretary Steve Reed said the government was “pulling every lever to fix the housing crisis”, arguing that deals like this would help build homes “faster, and in the communities that need them most”. He said backing “brilliant homegrown developers” alongside major institutional investors was central to government plans to get Britain building again.
34% The percentage of respondents who are in early pilot phases of AI implementation in their business or organisation. Source: RICS artificial intelligence in construction report 2025
48,000 The number of new construction workers needed annually to meet demand. Source: CITB
5 In 2025, UK construction
experienced its sharpest decline in output last seen five years ago. Source: S&P Global UK Construction PMI
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