Southern Housing Decant of residents: Centrium 1 (Eastgate), Woking (0182U)
20 Novembro 2023 - 9:34AM
UK Regulatory
TIDM55WI
RNS Number : 0182U
Southern Housing
20 November 2023
Southern Housing (the Issuer)
Decant of residents from Centrium 1 (Eastgate), Woking
The Issuer owns, under a headlease, a property in Woking called
Centrium 1 which comprises 60 flats (the Property).
The Issuer is currently carrying out further investigations into
materials used in the construction of the Property. The
investigations centre around the composition of concrete used in
the construction of the Property.
Due to concerns around the composition of the concrete a
decision has been taken to decant all residents from the Property.
The Issuer is working alongside all parties to manage the process
effectively ahead of full results of further investigations being
known.
The Property is not securing any obligations of the Issuer under
its financing agreements.
MORE INFORMATION
Investors (southernhousing.org.uk)
Tariq Kazi, Director of Financial Strategy, 020 8036 2293
Southern Housing is a community benefit society with registered
number 8983 and registered as a Registered Provider with the
Regulator of Social Housing with number 5171.
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