We invested £304m in new homes, £90m in our existing homes and £8m in the Peabody Community Foundation. Our investment in existing homes included £33m on building safety capital works (bringing spend to £84m over the last 3 years).
Total turnover for the year was £630m with available debt funding at 31 March 2021 of £4.2bn.
The value of our development pipeline is £1.4bn and we are on track to start 7,000 new affordable homes for London by 2023 as part of our strategic partnership with the Mayor of London. We completed 1176 new homes, a 12% increase on the previous year, with 88% being affordable tenures. 540 new homes for Social and London Affordable rent, and 489 for shared ownership and intermediate rent.
We invested £304m in new homes, £90m in our existing homes and £8m in the Peabody Community Foundation. Our investment in existing homes included £33m on building safety capital works (bringing spend to £84m over the last 3 years).
Total turnover for the year was £630m with available debt funding at 31 March 2021 of £4.2bn.
The value of our development pipeline is £1.4bn and we are on track to start 7,000 new affordable homes for London by 2023 as part of our strategic partnership with the Mayor of London. We completed 1176 new homes, a 12% increase on the previous year, with 88% being affordable tenures. 540 new homes for Social and London Affordable rent, and 489 for shared ownership and intermediate rent.