Welsh landlords enter merger talks to create 10,000-home association

Swansea-based Coastal, which owns and manages around 6,000 homes, believes a merger will maintain and improve the quality of homes and services to residents.

It also aims to be an employer of choice, better able to recruit and retain talented, skilled colleagues.

The landlord said: “We’re pleased to share that we’ve started talking to our friends at RHA Wales about merging to form a new organisation.

“We want to create a 10,000-home organisation for the future; one which constantly raises the bar to deliver improved services and homes for residents.

“We’ll have increased capacity and resilience to deliver a greater number of new, high-quality homes each year.

“We’re focused on growth and investment in existing homes and services, and we also want to create a more resilient organisation with a wider geographical reach.

“There are strong, shared values across Coastal and RHA, and we’re excited to explore creating a new, combined organisation which can have an even greater impact across the communities within which we operate, and beyond.”

This latest possible tie-up in Wales follows Newport-based Pobl’s October announcement that talks were underway over a potential merger with Cardiff-based Linc Cymru.