Grow

We grow our income, and manage our costs carefully, to ensure long-term financial sustainability

Over the past couple of years we’ve transformed as an organisation. Pinnacle Group and Tower Hamlets Community Housing were brought into the group in 2024 and 2025 and, in March 2026 we announced that Arhag Housing Association would be joining Hyde.

This growth has been underpinned by our focus on listening to and building our services around our customers and clients. And our charitable and social purpose is unchanged: we don’t pay dividends to shareholders and any surplus is reinvested, to deliver better outcomes in the communities we serve.

We’ve taken an innovative approach to funding over the past few years, forming partnerships with institutional investors. Institutional capital has a growing appetite for housing and we want to work with more partners to deliver thousands of affordable homes over the next five years.

We offer institutional investors a vertically-integrated offer, spanning housing investment, development, landlord services, community services and property management. This gives us direct access to responsible, long-term capital to upgrade homes, and build new ones.

Highlights

  • 3,223 Homes brought into the Group from Tower Hamlets Community Housing
  • We manage 25% of for-profit registered providers’ UK homes
  • 1,000+ Homes transferred to our joint venture with L&G Affordable Homes.
  • Arhag Housing Association joins Hyde

    Arhag Housing Association, which manages around 1,000 homes in London, mostly in the boroughs of Newham, Tower Hamlets and Haringey, joined the Hyde Group on 1 April 2026, following a consultation with its customers. Arhag formally transferred its homes and services to Hyde by Transfer of Engagement on 7 July 2026.

    We’ll be investing in homes, providing in-house repairs and maintenance services and giving Arhag customers opportunities to help shape our services.

  • Our partnership with L&G Affordable Homes

    In March 2026 we announced a new investment partnership with Legal and General (L&G) Affordable Homes to build more affordable homes across the UK, and potentially invest in the green retrofit of homes.

    The partnership is jointly equity financed by Hyde and L&G and launched with a portfolio of more than 1,000 social rented and shared ownership homes. These were acquired by two for-profit registered providers owned jointly by Hyde and L&G: Halesworth and Lanecroft Homes. L&G Affordable Homes will act as strategic asset manager to the partnership, supported by Pinnacle Investments, and Pinnacle Group will provide housing management services.

  • Pinnacle Investments joins Group to help secure institutional capital

    Pinnacle Investments joined the Hyde Group in August 2025, in a new joint venture partnership, supporting our aim of securing more institutional capital. It has already supported the delivery of investments of around £650m of Gross Asset Value and helped grow our assets under management by £550m to £750m.

  • Pinnacle Group grows its housing management portfolios

    Pinnacle Group grew its housing management portfolio significantly in 2025/26:

    • L&G Affordable Homes: 487 affordable rent and shared ownership homes in Birmingham Perry Barr, 155 homes in Witheridge, Devon and more than 300 homes in Colindale, north London.
    • Principal Asset Management: 200 new Build To Rent homes at Clapham Park and at King George’s Gate in Earlsfield
    • Local authorities, including Elmbridge Borough Council, Harlow Council, Brent Council and Manchester City Council.
    • For-profit registered providers, including 475 shared ownership homes for MTD Housing; 135 homes for Zen Housing and 85 social rent housing for Flint Housing. Pinnacle now manages more than 5,000 homes for for-profit registered providers.
  • Our Sustainable Finance Framework: Delivering greater impact

    We’ll issue green, social and sustainable bonds and loans to investors through our first Sustainable Finance Framework, to build sustainable homes and communities and to retrofit homes to meet new standards. We’ll also fund programmes and projects that serve and support customers, communities and community partners.

    The framework was published at the end of 2025/26 independently reviewed to ensure it aligns with the Green Bond Principles 2025, Social Bond Principles 2025, Sustainability Bond Guidelines 2021, Green Loan Principles 2025 and Social Loan Principles 2025.