Orbit completes transfer of 2,227 homes to Raven Housing Trust
Orbit has transferred 2,227 properties in south-east England to Raven Housing Trust and plans to reinvest the proceeds in its core regions.
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what happened
Newsmetry API, citing an RNS announcement, reports that Orbit Group has completed the transfer of 2,227 homes in south-east England to Raven Housing Trust. The properties span nine local authorities and several types of tenure, while those areas are outside Orbit’s main operating footprint. Customers were consulted before the transaction was completed.
Orbit said the proceeds will be put back into its core regions under its 2030 Strategy, including spending on current properties and the construction of new homes. Most of the portfolio moved at completion, with the balance scheduled to change hands in stages. The group expects no material effect on covenant compliance, security asset cover, liquidity or its credit rating.
why it matters
The transaction reshapes Orbit’s regional housing portfolio and, according to the announcement, is not expected to materially affect key financial measures.
instruments
sources
- REG - Orbit Capital plc - Disposal — Newsmetry API, 12 October 2026 at 15:09 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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