Peabody weighs £1.1bn pipeline amid coronavirus caution

Peabody Thamesmead - aerial view

Housing association will continue with committed schemes

Peabody is to review its development commitments in the light of the coronavirus pandemic, according to the London housing association’s chairman.

Lord Kerslake, who is also former head of the civil service, told Building Design’s sister magazine, Housing Today, that the association, which is due to build 6,000 affordable homes between now and 2022, was continuing to build out committed schemes and construction sites were currently remaining open.

However, he said it was not currently possible to say whether it would also push ahead with all schemes in its £1.1bn pipeline it had been intending to begin work on.

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