Key facts
- Vistry's market value has fallen by nearly £500 million.
- The housebuilder's new chief executive is implementing plans to downsize the company.
- A pivot away from social housing is part of the new strategy.
Vistry has seen its market value decrease by nearly £500 million as its new chief executive initiates a strategy to downsize the company. The move includes a pivot away from social housing, a significant shift for the beleaguered housebuilder.