Brick By Brick in talks with potential buyers

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Chief executive of council-owned developer exploring options in case crisis-hit Croydon decides to sell up

The chief executive of Croydon’s council-owned housing development company Brick By Brick has said he is in talks with potential buyers for the business in case the beleaguered local authority decides to sell it.

The housing company, set up by the council in 2016 and known as something of an architectural patron, has been hit by the fallout from the financial problems engulfing it, which culminated last week in the announcement by government of a rapid review into its governance and culture.

 

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