News

Operis closes Canning Town social housing project.

The project involves refurbishing more than 1,200 council houses and flats in Canning Town and improving them to the Government’s new Decent Homes Standard. The PFI contractor will manage and maintain the properties for 30 years. More than 150 new affordable homes will be built on derelict sites in the area. The project is part of the first round of PFI projects for social housing.

Operis was proud to provide the Due Diligence of the financial model for this project, which successfully closed June 3, 2005.