A Lewisham landlord has secured a £60million investment to bring 200 new homes to the borough.

Phoenix Community Housing currently manages over 6,200 homes in south Lewisham – including its new development at Hazelhurst Court, by Beckenham Hill Station.

The landlord will soon be consulting residents and stakeholders regarding the best potential locations and home designs for Lewisham, after securing the £60 million funding from Pension Insurance Corporation (PIC).

Director of finance at Phoenix, Christ Starke, said: “We’re delighted to have secured this funding from PIC to deliver more of the new homes that Lewisham desperately needs, and we look forward to working with them as an investment partner.

“We’re very excited to embark on a much larger development programme that meets the current and future needs of our area.

“As a housing association that’s led by our residents, we now want to work with the community across south Lewisham to ensure that we are delivering the right kind of homes in the right locations. We look forward to talking to people and listening to their views over the coming weeks and months.”

Marno Jooste, Debt Origination Manager at PIC, added: “It has been a pleasure for us at PIC to deal with the team at Phoenix.

“We are proud to be able to help them develop their social housing stock, whilst at the same time securing the pensions of our policyholders.”