Browne Jacobson advises Minster Property Group on major Suffolk affordable housing project
Browne Jacobson has advised Minster Property Group on its plans to construct 40 new affordable tenure homes in Woolpit, Suffolk.
Minster Property Group has successfully acquired land at Old Stowmarket Road and is working in partnership with Orbit Group, one of the UK’s foremost housing groups, on securing planning permission for the site from Mid Suffolk District Council.
Leicester based Minster Property Group specialises in the sourcing of land and delivery of developments focused on affordable housing.
Browne Jacobson’s 130 strong real estate team has been active advisers to the social housing sector for over 30 years with clients including housing associations and registered providers, developers, investors, and government agencies including Homes England. The team also act for one in five of the Government’s strategic partners tasked with delivering its affordable housing programme 2021-26.
The Browne Jacobson team advising Minster Property Group was led by real estate partner Kassra Powles. He said: “We are delighted to have advised Minster Property Group on their latest development which will make a major contribution to the urgent need for affordable homes in the region.
“Our team is increasingly advising on a growing number of developments and strategic partnerships between our private investor, developer, social housing provider and local authority clients in this space. As a result, we expect the affordable homes market to grow significantly over the next few years.”
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