Persimmon buys family home builder

House builder Persimmon said it had bought South East England builder Hillreed Homes for 35.7 million pounds.

House builder Persimmon said it had bought South East England builder Hillreed Homes for 35.7 million pounds.

Hillreed, which is based in Kent and established in 1975, focuses on family housing and has a landbank extending to approximately 3,400 plots, including strong strategic land holdings, Persimmon said.

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