Vistry Group’s Post

Galliford Try's Affordable Housing Resurgence 🏡 🚀 Back in the Game Galliford Try returns to affordable housing post-Vistry deal, targeting 4-5% profit margins. 🛠️ Strategic Vision Under CEO Bill Hocking's five-year plan, they're partnering with housing associations to foster community and growth. 💹 Ambitious Targets Aiming to increase turnover from £1.4bn to £2.2bn, they're expanding into private rentals and eco-friendly renovations, with a sharp focus on security and facility management services. 🤝 United Approach Their growth is fueled by solid industry relationships and a determined team dedicated to delivering value. 🌐 Infrastructure Focus David Lowery steps in as Infrastructure managing director, underlining our commitment to this vital sector. #GallifordTry #AffordableHousing #GrowthStrategy 🏗️📈🏘️

Peabody has had one of the most dramatic rises up the Inside Housing top 50 biggest builders list, from 18th to become the second-biggest builder in the sector. Their executive director of development Philip Jenkins FRICS will be speaking at Inside Housing’s Development & Regeneration Summit on “What’s holding back the supply of truly affordable housing?” on 30 November in London. #housingconference https://lnkd.in/etbY-Xbw Hear insights from Philip and Tom Stannard - Salford City Council, Elizabeth Froude - Platform Housing Group. ♦️What are the underlying issues and how do we address them?   ♦️What are the policies that could help or hinder?   ♦️What can we learn from organisations that have been more successful in delivering greater numbers of affordable homes?  Early bird discounts are now available, secure your place now #ukhousing #development #regeneration #affordablehousing #socialhousing #PeabodyNewHomes #Peabody

We can today announce that Vistry has been selected by the Greater London Authority (GLA) and the Mayor's Office for Policing And Crime (MOPAC) (MOPAC) as the Preferred Developer to deliver 739 new mixed-tenure homes in Colindale, Barnet, as part of a £276m GDV scheme. The 427 affordable homes - consisting of affordable rent, social rent and shared ownership properties – will be delivered via our Countryside Partnerships brand. A proportion of the affordable shared ownership homes will be offered to the City of Westminster as part of a wider planning portfolio agreement which commits to achieving 50% overall affordable housing across three sites owned by MOPAC. The deal provides further evidence of our aim to focus on our high growth, asset-light partnerships model, meeting sustained demand for mixed-tenure housing. Read more here: 👇🏼 https://bit.ly/47Q4uz4 #partnerships #AffordableHousing 

The final handover has been completed at the Spinners Quarter development in Pendleton, Salford, by Lovell Together — a joint venture between Lovell Partnerships and Together Housing Group, which has delivered 127 two-, three- and four-bedroom properties; 17 of which are affordable homes for social rent. The development has been part of one of the largest strategic residential regeneration projects in Greater Manchester. Tahreen Shad, Regional Partnerships Director at Lovell, says: "This is a proud moment for our first Lovell Together development, seeing the final homes now completed at Spinners Quarter and achieving great results within the scheme. Not only have we been able to provide much needed affordable housing, but this development has also rejuvenated the local area in line with Salford Council’s vision. "We really wanted this development to cater for a diverse range of people and align with local housing needs, so including wheelchair accessible homes and properties for social rent was an essential part of that. The additional improvements to the landscape around the site will also help to instil real pride in the area and improve desirability for the future." Mark Dunford, Executive Director of Finance and Commercial at Together Housing Group, adds: "Seeing the final homes complete on this dynamic site is fantastic. Lovell Together is a partnership we’re very proud of and the work we’re doing so far to provide high quality homes which meet the diverse needs of the local community comes at a time when many are facing inequalities of the current housing market." https://lnkd.in/eA8NrzQt #jointventure #housebuilder #housingassociation #partnership #newhomes #development #housebuiding #affordablehomes #socialrent #regeneration #energyefficiency #communities

"Affordable housing looks different everywhere, and supporting traditionally underrepresented communities in CRE can come with a unique set of considerations. Here are four tips to keep in mind as 2023 approaches," - Erik Sherman. Read GlobeSt.com's latest article on the four affordable housing trends to watch out for in 2023. #AffordableHousing #CRE #NewTrends

I chatted with Places for People's CEO of Regeneration and Communities, @AdrianBohr, about the housing association's land-led plans to deliver 5,000 homes per year by 2028. Using a combination of direct delivery of homes on their own sites, and larger joint ventures with Homes England, local authorities and other developers, PfP is looking to steadily increase its building programme. PfP says the strategic land division identifies “longer-term, slower-burn" land opportunities, with projects that are three to 10 years away from allocation. While many housing associations are scaling back housebuilding to focus on existing stock, PfP is one of the housing associations that is aiming to expand its housing programme. https://bitly.ws/XIi5

A big day today with the launch of the North East Housing Partnership. Bernicia is one of 17 social housing providers joining forces to tackle the crisis of building more genuinely affordable homes in the North East - supporting the new Mayoral Combined Authority with its ambitions. John Johnston, Vice Chair of the North East Housing Partnership, said: “Through the partnership I hope to see housing providers from across the North East shift from a group of individual organisations, working in relative isolation, to a strong and unified partnership. “When we invest together, work together, and plan together, we can achieve economies of scale, shape supply chains, regenerate communities, decarbonise our region, create and prepare people for jobs and support longer, healthier lives. "If we align ourselves in each of these areas with the new combined authority, we can achieve even more.” #socialhousing #affordablehousing https://lnkd.in/enTMDcWB

The housing market is facing a major challenge, with demand far outstripping supply. Unfortunately, current interest rates and construction costs mean that this issue is unlikely to be resolved any time soon. However, there is hope. The SMPS Pittsburgh panel discussion highlighted the need for strategic repurposing of our current housing stock and zoning changes to make more affordable housing available. I also had a brief discussion with Bobbi Jo Haden regarding their LBGTQ-friendly senior housing to be built in Oakland - I’m excited to see the synergies arise from the various partnerships in that project. Exciting! Many thanks to the panelists for their insightful contribution to this discussion. Tony Rossi Lena Andrews, AICP Bobbi Jo Haden Michael Polite Jeff Burd #housingmarket #affordablehousing #zoningchanges #realestate

It’s possible to build more affordable housing – just look at D.C. The capital is 67% of the way towards meeting its 2025 affordable housing production goals – that translates to about 8,000 more affordable units throughout the city's ten planning areas. Looking at this chart, it’s clear there’s still work to be done … but it’s great to see local governments and leaders like Mayor Muriel Bowser making strides towards their affordable housing goals. #DCHousing #affordablehousing #affordablehousingdevelopment #housinggoals

We're proud to deliver positive impact by regenerating brownfield urban sites with new-build housing to address the increasing demand for affordable housing.   Our latest achievement is the completion of a build-to-rent development in Nottingham, UK. The development is a partial refurbishment of Grade II-listed buildings and a partial new build. It provides 117 studio, one and two-bedroom apartments, including 27 lower ground parking spaces.   The development is managed by Edmond de Rothschild #REIM, and reflects our commitment to create high-quality rental assets at affordable levels where the demand is strong.   James Whidborne, Head of UK Residential Fund Management UK at Edmond de Rothschild REIM, said: “This is our second PRS project in Nottingham after Saffron Court, which reflects our enthusiasm for the city. Half of the population is under the age of 29, with very high graduate retention and a thriving biotech, life sciences and service sector industry. Demand for homes to rent is very high and we expect strong demand for our apartments”. #EdRConvictions #RealEstate