U.K. housing associations Metropolitan Housing Trust Ltd. and Thames Valley Housing Association Ltd. closed on a partnership that has approximately 57,000 homes across London, the South East, East Midlands and East of England.

Geeta Nanda, CEO of Metropolitan Thames Valley, which is the trading name for the newly formed group, said it plans to deliver 2,000 homes per year, with roughly 80% of the homes being affordable.

Nanda added that the partnership will focus on delivering improvements to its existing and potential customers and communities.