The number of options in our business model enables us to realise the maximum value in our land bank. This agility allows us to adapt our activity to suit market conditions and business needs. It includes the strategic disposal of consented land, as well as the construction and forward sales of private homes and partnership housing. Demand for our asset management services, a capital light activity, continues to grow quickly. Our portfolio of rental properties also provides a steady stream of rental income.
Our ability to identify opportunities for brownfield regeneration stems from the industry knowledge we have gained through years of experience.
We have strong industry relationships with public sector bodies, vendors, and local communities which places us in a strong position to take advantage of future opportunities.
We attract and retain high-caliber employees at all levels.
Efficient capital structure
We generate income from multiple income streams and have a flexible business model that allows us to adapt to changing market conditions and business needs to maintain an efficient balance sheet.
Our local insight and established relationships with vendors and public sector bodies mean we are aware of opportunities to increase our land bank. We focus on brownfield land but are building a strategic land bank of longer-term opportunities.
Our financing resources and strong reputation as being trustworthy and reliable mean we can act quickly to secure promising sites.
Income stream: Long-term rental income from assets held as investment property.
Asset management services
Our land and planning expertise drives high demand from investors who engage us as an asset manager to provide land management and planning services.
Income stream: A ‘capital light’ activity that offers attractive returns on receipt of planning permission with reduced risk to the Group.
Procure planning consent
The land value increases on receipt of planning consent. Our skill in identifying the right site and navigating the complex planning system means we maintain a 100% success rate in achieving planning
permission on brownfield sites.
On receipt of planning consent, we sell, build or partner with others to unlock the potential at each site and realise its full value, creating short, medium and long-term returns for shareholders.
Full or partial land sale
Once planning consent is received, we have the opportunity to benefit from the increase in land value and sell the whole or part of a site to other housebuilders or housing associations.
Income stream: Short-term return with revenue generated from the increase in land-value.
We have proven capability in building on behalf of housing associations and institutional landlords. With a shortage of affordable housing across the UK, demand for our turnkey package continues to grow.
Income stream: Land sale secures a shortterm return and forward income stream delivers medium-term returns.
Our predominantly selfdelivered housebuilding programme provides design and build efficiencies, together with greater control over schedule and overall scheme quality.
Income stream: An activity that takes more time but that maximises the long-term revenue potential. Rental income during site development generates short and medium-term returns.
Affordably-priced homes of exceptional quality.
Thriving, sustainable communities.
Strong shareholder returns in the short, medium and long term.
High levels of employee engagement and satisfaction.