London property developer Avanton has selected HG Construction as the main contractor for a landmark residential scheme on the Old Kent Road, with a contract value of £68 million. The 262-unit development, named ‘THE BeCa’, has a project GDV of £160 million and represents the first major residential project in
Harron Homes has introduced its enhanced Homemover schemes designed to simplify the homebuying and selling process for househunters searching across Yorkshire and the North Midlands. The two schemes, Assisted Move and Part Exchange, provide practical solutions for customers looking to move into a new Harron home while avoiding the common
Casa by Moda has launched a preliminary wave of homes at its first two developments in Yorkshire. The two single-family homes (SFH) neighbourhoods in Leeds and Doncaster mark a continuation of the Casa by Moda growth story, and are expected to redefine the local rental market. Once complete, the neighbourhoods
Developer Weston Homes has finalised the acquisition of the historic Sergeants’ Mess in Deepcut, Surrey. This Edwardian building, rich in military history, is set to be transformed into a £32.5 million development featuring 70 homes. The project will include a blend of converted spaces and new builds, offering both market
Legal & General Group Plc (“Legal & General” or “L&G” or the “Group”) yesterday announced that it has agreed the sale of the UK house builder CALA Group (“Cala”) for an enterprise value of £1.35bn, to Ferguson Bidco Limited, an entity owned by funds managed by Sixth Street Partners and
Bloor Homes has announced it is a company supporter of The Lighthouse Construction Charity, the only charity dedicated to the emotional, physical and financial wellbeing of construction workers and their families. Hannah Burgess, HR Director at Bloor Homes said: “The Lighthouse’s mission is very clear. It shows that every day
Barratt Developments PLC has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership. MADE Partnership will focus on the master development of large sites, to help deliver thousands of much needed new homes across the country. MADE Partnership will act as master developer
Profit-with-purpose developer, TOWN, has been appointed to deliver a new cohousing community in Northstowe. Located eight miles northwest of Cambridge city, Northstowe is one of Britain’s most significant new towns under development. Following the success of its cohousing community – Marmalade Lane – in Cambridge, TOWN’s vision will bring together
Homes England has appointed profit-with-purpose developer, TOWN, to deliver a new cohousing community in Northstowe. Located eight miles northwest of Cambridge city, Northstowe is one of Britain’s most significant new towns under development. Following the success of its cohousing community – Marmalade Lane – in Cambridge, TOWN’s vision will bring
Rund has been appointed as Countryside and Abri’s Joint Venture Supervisor for a significant development on the former Ford Airfield in West Sussex. The plan will transform the site with a 60-bed care home and 1,500 homes, of which 960 of the homes form the joint venture with the remainder
London property developer Avanton has selected HG Construction as the main contractor for a landmark residential scheme on the Old Kent Road, with a contract value of £68 million. The 262-unit development, named ‘THE BeCa’, has a project GDV of £160 million and represents the first major residential project in the regeneration of the Old Kent Road area. Located on the site of the former Carpetright warehouse at 651 Old Kent Road, construction is set to begin immediately. Designed by renowned architects Farrells, the development will feature two towers reaching 10 and 19 storeys high. As the initial phase of Avanton’s 5-acre Ruby Triangle masterplan, ‘THE BeCa’ will include 40% affordable housing, underscoring the company’s commitment to delivering a mix of housing options in this vibrant and evolving neighbourhood. ‘THE BeCa’ will comprise 170 New York-styled one and two-bedroom apartments for private sale with residents benefitting from a wide range of high-quality amenities including a concierge, fitness suite, flexible co-working spaces, games room, cycle storage and three communal roof terraces. The development will offer over 10,000 ft of retail space, with Sainsbury’s Local already signed up to occupy on completion of the development. HG Construction, a specialist in high-quality residential, commercial, hotel, and student accommodation projects across the UK, is currently engaged in multiple projects within the Southwark area. The contractor will leverage its extensive internal delivery capabilities on the project, handling piling, concrete frames, bathroom pods, and mechanical and electrical services—ensuring high standards of quality and programme efficiency for Avanton. Chris Cobham, Development Director at Avanton, commented: “’THE BeCa’ is not only a significant step forward in our Ruby Triangle masterplan, but it also demonstrates our commitment to Southwark’s masterplan on the Old Kent Road. By delivering high-quality homes, including 40% affordable housing, alongside vibrant amenities and BREEAM Excellent rated retail spaces, we are creating a truly sustainable community that will benefit the local area for years to come.” Adam Quinn, CEO, HG Construction commented: “It is a pleasure to be partnering with Avanton to help them deliver on their exciting new vision for the Ruby Triangle. We have been involved in a number of schemes in the Old Kent Road area over the past few years and it is wonderful to see the regeneration progress at pace with major new schemes completing and more on the way. This new high quality mixed-use residential development will significantly boost the housing offering in the area and provide an excellent amenity and retail offering for residents. We are committed to working collaboratively with Avanton, our suppliers and the local community and look forward to developing solid new relationships and positive community links as the scheme progresses.” The development is expected to complete in winter 2026 and a sales suite will be opened by Avanton in London Bridge in October this year. ‘THE BeCa’ apartment prices start at £440,000 and currently 20% have been pre-sold. For more information visit the thebeca.co.uk or call +44 (0) 20 7052 5111. Building, Design & Construction Magazine | The Choice of Industry Professionals
Harron Homes has introduced its enhanced Homemover schemes designed to simplify the homebuying and selling process for househunters searching across Yorkshire and the North Midlands. The two schemes, Assisted Move and Part Exchange, provide practical solutions for customers looking to move into a new Harron home while avoiding the common pitfalls of selling their current property. Assisted Move offers a tailored plan for homeowners who need to sell their current home before moving into their new one. First, Harron arranges valuations from three independent estate agents to provide a fair market value for the customer’s property. Then, they create a personalised marketing strategy to sell their property at the very best price. The customer’s property is kept on the market until it has sold, and Harron Homes’ knowledgeable sales experts remain on hand to assist with the sale through-out the entire process. Once the home has been sold, Harron pay the estate agent fees, and the customer can reserve their brand new and energy-efficient Harron home. The second Homemover scheme is Part Exchange, which is available only on selected properties. This process provides a guaranteed cash buyer for the current home, eliminating property chain delays and streamlining the transition into a new Harron home. “We are excited to offer these comprehensive Homemover schemes,” says Natalie Griffiths, Sales and Marketing Director for Harron Homes North Midlands. “Both the Assisted Move and Part Exchange schemes are designed to make the homebuying journey as seamless and stress-free as possible for our customers. One of the most daunting parts of buying a house is the struggle of having to sell your current property while meeting timelines and battling with property chains. With our Homemover schemes, the customer has expert support to ensure they sell their old house and move into their new Harron home at a pace that suits them.” For more information on Harron Homes’ Homemover schemes, please visit: https://www.harronhomes.com/purchasing-assistance/homemover-schemes/. Building, Design & Construction Magazine | The Choice of Industry Professionals
Casa by Moda has launched a preliminary wave of homes at its first two developments in Yorkshire. The two single-family homes (SFH) neighbourhoods in Leeds and Doncaster mark a continuation of the Casa by Moda growth story, and are expected to redefine the local rental market. Once complete, the neighbourhoods will provide 323 one, two, three and four-bedroom houses and apartments, with resident move-ins commencing this month for the first 40 units. The Leeds neighbourhood, known as Casa, Abbey Court, is located in Kirkstall, one of the city’s most accessible fringe locations. Casa at Westmoor Grange is located within the desirable suburban village of Armthorpe in Doncaster. Both locations were selected based on proximity to local amenity, namely transport network and good schools, which makes the neighbourhoods ideal for couples, families, sharers and key workers. Ahead of first residents moving in across both neighbourhoods this month, Casa launched their show homes in both Leeds and Doncaster, showcasing the high-quality product offered by Casa by Moda, which is the SFH arm of market-leading rental living business Moda Group. The ambition for the new neighbourhoods is to follow on from the success of Casa, Vista Park in Glasgow, which fully let across its first three phases, with fourth phase move-ins commencing this month. SFH is a significant driver for institutional flow of capital to the private rented sector, which has historically been controlled by individual private landlords. Recent research by Knight Frank reported that institutional investors spent a record £1.9 billion acquiring or funding SFH in the UK in 2023. This has marked a fivefold increase in investment levels, attributed to elevated mortgage rates and a shifting tax and regulatory landscape. SFH offers a viable alternative to home ownership through secure, long-term leases – the expectation is that high-quality SFH will experience robust and sticky tenant demand aligning with current data illustrating that one-third of UK renters have resided at their current address for more than five years. All Casa by Moda neighbourhoods offer deposit-alternative, pet-friendly living which places service, technology, wellbeing, and sustainability at the heart of its rental communities. Rental packages include superfast broadband, renewable energy sources and smart technology such as home security systems, smart doorbells and environmental sensors from Casa by Moda’s technology partner Utopi. The smart home sensors enable renters to monitor everything from room temperature to air quality, assisting in cultivating a higher quality of life for tenants and creating energy efficiency through real-time data on energy usage. Residents have access to the bespoke MyCasa app, which allows residents to communicate 24/7 with resident maintenance services. The app also supports the wider resident community, allowing residents to connect with their neighbours, form chats and clubs and engage with seasonal events run by Casa. Matt Townson, Director of Development and Projects at Casa by Moda, said: “Having opened our first neighbourhood in Glasgow last year, it’s very exciting to be opening the next two in Casa by Moda’s home county of Yorkshire. The success of Casa, Vista Park in Glasgow has shown there is a demand for high quality rental homes which offer more than just bricks and mortar. “As a business, we’re focused on setting the bar for next generation rental living in the UK, enabling our residents to live securely, happily and healthily, whilst offering a unique rental living experience.” Sarah Nelson, Director of Operations at Casa by Moda adds: “It’s about creating a sense of community and offering a level of service not typically seen in the private rental market. From initial enquiry to the day residents move in and beyond – we’re there each step of the way. “At Casa, we provide a market-leading digital service and connect with our communities 24/7 via the MyCasa app, reassuring residents that they have a direct point of contact to the Casa team at all times for anything they need, and likewise helping us connect with them.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Developer Weston Homes has finalised the acquisition of the historic Sergeants’ Mess in Deepcut, Surrey. This Edwardian building, rich in military history, is set to be transformed into a £32.5 million development featuring 70 homes. The project will include a blend of converted spaces and new builds, offering both market sale and shared ownership options. Situated on Bellew Road at the former Princess Royal Barracks, the Sergeants’ Mess sits on a 4.25-acre plot within a 6.23-acre site. The three-story building, designed by architect W.A. Ross and completed in 1938, boasts a brick façade, classical Portland stone entrance portico, dormer roof, and prominent brick chimneys. Weston Homes plans to convert and develop the site to provide 70 converted and newly built homes, comprising 65 market sale and 5 shared ownership homes. The main Sergeants’ Mess building will be converted into 33 apartments, whilst in the extensive grounds Weston Homes will build a premium collection of new two, three, four and five-bedroom homes, each with private gardens. Princess Royal Barracks, which comprises 114 hectares, was used for military training since the late 19th century. It is now being transformed into a new neighbourhood, Mindenhurst, providing housing, a primary school, amenities, and extensive outside space. Skanska is leading the masterplan development. The village of Deepcut is named for the deep excavations dug for the construction of the Basingstoke Canal during the 18th century. There are direct trains from nearby Frimley station to London Waterloo in 1 hour 20 minutes and nearby Farnborough station to London Waterloo in 35 minutes. Building, Design & Construction Magazine | The Choice of Industry Professionals
Legal & General Group Plc (“Legal & General” or “L&G” or the “Group”) yesterday announced that it has agreed the sale of the UK house builder CALA Group (“Cala”) for an enterprise value of £1.35bn, to Ferguson Bidco Limited, an entity owned by funds managed by Sixth Street Partners and Patron Capital. The consideration for the sale will result in cash proceeds of £1.16bn (after adjustment for net debt), of which c£500m will be paid at closing with the remaining consideration being paid over the next five years on a deferred non-contingent basis. As at HY24, Cala had a Net Asset Value of £1.15bn and generated operating profits of £42m. The disposal reflects L&G’s disciplined approach to capital allocation and follows the Group’s decision to create a Corporate Investments Unit as outlined at the Capital Markets Event (“CME”) in June 2024. Disposal proceeds from the sale will primarily be used, as they become available, to reinvest in the Group in line with our strategy and the capital allocation framework set out at the CME. The Board will also consider the proceeds as part of the Group’s announced intention to increase returns to shareholders through ongoing buybacks. As signalled, the sale of Cala reduces the Group’s Solvency Capital Requirement (SCR) by c£100m after diversification. The transaction is expected to complete in Q4 2024. António Simões, Group Chief Executive Officer of Legal & General said: “This transaction demonstrates continued momentum in executing our strategy, simplifying our portfolio to enable a sharper focus on our core, synergistic businesses. Cala has been an important part of L&G for over a decade, with profits increasing ten-fold since our initial investment in 20131. The sale announced today will provide capital to deliver our strategic goals of sustainable growth alongside enhanced returns for shareholders. I would like to thank the whole Cala team for their contribution to the Group and wish them every success in the future.” Kevin Whitaker, CEO of Cala said: “Today’s announcement is excellent news for Cala. The acquisition by Sixth Street Partners and Patron Capital demonstrates confidence in Cala’s business plan and growth potential, as our talented team continues to build high quality, sustainable new homes throughout the UK. L&G has been a great support to Cala throughout its investment and ownership. Since 2013, we have grown revenues and profits five- and ten-fold respectively, and tripled the number of homes we build each year.” Julian Salisbury, Co-Chief Investment Officer of Sixth Street, said: “Cala has a bright future and we are proud to be entering this new chapter as stewards of a company with such a deep history and long track record of sustainable growth. We, together with Patron Capital, look forward to continuing to support Cala and its management team, not only with capital but also with the significant resources of our London-based real estate investment team led by Giulio Passanisi.” Keith Breslauer, Managing Director of Patron Capital, said: “We are pleased to be able to back the Cala business once again. Cala is one of the UK’s leading housebuilders with a best-in-class landbank and a focus on building high-quality homes, being consistently ranked five-star for customer service. Furthermore, Cala is also a people business with a strong corporate culture and a business we know well, and we look forward to working closely with Cala’s impressive management team and our partner, Sixth Street, to further build the business and help tackle the undersupply of homes in the UK.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Bloor Homes has announced it is a company supporter of The Lighthouse Construction Charity, the only charity dedicated to the emotional, physical and financial wellbeing of construction workers and their families. Hannah Burgess, HR Director at Bloor Homes said: “The Lighthouse’s mission is very clear. It shows that every day two construction workers in the UK take their own life, while stress, depression and anxiety accounts for 27% of all work-related illness in the industry. The Charity has set out to reduce the number of construction industry suicides and improve workforce in a number of ways. “As well as its free 24/7 helpline it provides free and accessible key support services for everyone in the industry – and their families – and it addresses the root causes early on, tackling three areas of wellbeing: emotional, physical and financial early on to drive change.” For example, alongside its crucial ‘Get Help Now’ resources, support extends to providing aid to families in crisis from food to financial support, and critical interventions when required. For those struggling physically or financially, The Lighthouse can help on a wider range of issues from requiring occupational health support or struggling with addiction, to debt management and retirement planning. In addition, the Charity is pioneering awareness at all levels across the industry via its Wellbeing Academy. It offers a range of courses designed to promote understanding around people’s own mental health whilst also providing them with the skills and knowledge to look out for colleagues. And The Lighthouse is taking awareness to the frontline of construction through its #makeitvisible campaign, travelling to construction sites around the country to ‘meet the boots on the ground and get them talking’. Hannah continues; “This aspect of the charity’s work really impressed us as it brings it to everyone working on our sites whether they are directly employed, contracted or subcontracted. It’s an all-encompassing approach. We are looking forward to rolling out a series of dedicated site visits from The Lighthouse in the coming months.” The visits will include a ‘Toolbox Talk’ and the opportunity for a one-to-one chat. Meanwhile Bloor Homes is also ensuring teams across its regional head offices and extended site teams are aware of the Charity and its work by sharing communications with every person working with the developer. By doing so, Bloor Homes aims to create – and reiterate – as many opportunities for people to access as much support as possible, complementing its established Employee Assistance Programme. For more information and to access the wide range of support and engagement available to construction workers and their families visit lighthouseclub.org/ Building, Design & Construction Magazine | The Choice of Industry Professionals
Barratt Developments PLC has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership. MADE Partnership will focus on the master development of large sites, to help deliver thousands of much needed new homes across the country. MADE Partnership will act as master developer for multiple large scale, residential-led developments from 1,000 to more than 10,000 homes along with a variety of community facilities and employment uses. Potential development opportunities will include large brownfield developments, as well as new garden village style communities. The partnership brings together Barratt, the UK’s leading national sustainable housebuilder, Homes England, the Government body responsible for housebuilding and regeneration in England, and Lloyds Banking Group, one of the largest funders of the UK housing sector. This is a long-term partnership, initially backed by combined equity funding of up to £150m provided equally by the partners. The partnership brings together the essential skills, expertise and long-term approach, with the ability to unlock and scale the capital required to bring larger sites into production, enabling both major and SME homebuilders to build the new homes and communities the country needs. Housing and Planning Minister, Matthew Pennycook said: “A failure to ensure the development system is working properly has held back the delivery of tens of thousands of new homes over recent years and this Government will work in partnership with all those who are focused on turning things around. “The landmark new partnership announced today will support our commitment to ramp up housing supply and boost economic growth by developing more large-scale, attractive and sustainable places across the country with the homes, jobs and infrastructure that communities need to thrive”. David Thomas, Chief Executive of Barratt Developments, said: “We are committed to playing our part in delivering the millions of new homes the country needs over the next 10-20 years. To help us achieve this goal, we need to deliver more large developments. Through the MADE Partnership, we are creating a master developer which can manage the infrastructure and placemaking that is needed to deliver at scale, whilst consistently achieving the high quality and sustainability standards that Barratt is known for.” Peter Denton, Chief Executive of Homes England, said: “MADE Partnership will provide a master developer platform with the ambition and capability crucial for creating not just the homes but the vibrant, diverse places England needs. Whether it’s transforming a brownfield site, extending an existing town, or creating a whole new village, the partnership will have the finance, tools, expertise and partners required to ensure a cohesive approach to delivering a fabulous place that people want to live and work.” Charlie Nunn, Chief Executive of Lloyds Banking Group, said: “Our pioneering MADE Partnership between Lloyds Banking Group, Homes England and Barratt Developments has created a master developer – enabling the largest-scale projects and place-based solutions to be achieved, and helping to deliver tens of thousands of new homes which are so urgently required. This is the cross-sector collaboration we need, at significant ambition and scale.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Profit-with-purpose developer, TOWN, has been appointed to deliver a new cohousing community in Northstowe. Located eight miles northwest of Cambridge city, Northstowe is one of Britain’s most significant new towns under development. Following the success of its cohousing community – Marmalade Lane – in Cambridge, TOWN’s vision will bring together high-quality design, good placemaking principles, and a commitment to creating a close, connected community in Northstowe. The development parcel – plot 2D1 in the Northstowe masterplan – lies directly to the south of Northstowe’s future town centre. Earlier in 2024, TOWN undertook a successful market testing exercise, which highlighted a high level of interest in cohousing within the Greater Cambridge area. TOWN is now in the process of building a group of future residents, who, through a codesign process, will help to shape the new cohousing community. The scheme will include 40% affordable housing, together with a range of communal spaces and facilities. Jonny Anstead, Founding Director at TOWN, said: “At Northstowe, we want to create a place where residents know and support their neighbours, and share spaces and resources to live more sustainably. The benefits of cohousing are clear: it allows people to live happier, less isolated lives, fosters a real sense of community and enables residents to share resources and reduce their environmental impact. And in delivering a new cohousing community here at Northstowe, our aim is to support Homes England in shaping a unique, thriving and diverse community with more sustainable ways of living at its heart.” The project once more sees TOWN collaborating with Mole Architects and builds on the success and learnings from Marmalade Lane, a 42-home cohousing development in Orchard Park, Cambridge, delivered by TOWN and completed in 2019. Celebrated as an exemplar for new housing in the UK, that project currently has a waiting list of over 400 households – enough to fill the development another nine times over. TOWN has recently published Insights from Marmalade Lane, a post-occupancy report that highlights the impact that the development has had on the lives of its residents and the social value it continues to generate for them and the wider community. This aligns with Northstowe’s ethos of being a place centred around wellbeing and sustainability. A key finding of the report is that the environmental, social, and economic benefits of Marmalade Lane collectively generate over a million pounds in social value. Building, Design & Construction Magazine | The Choice of Industry Professionals
Homes England has appointed profit-with-purpose developer, TOWN, to deliver a new cohousing community in Northstowe. Located eight miles northwest of Cambridge city, Northstowe is one of Britain’s most significant new towns under development. Following the success of its cohousing community – Marmalade Lane – in Cambridge, TOWN’s vision will bring together high-quality design, good placemaking principles, and a commitment to creating a close, connected community in Northstowe. The development parcel – plot 2D1 in the Northstowe masterplan – lies directly to the south of Northstowe’s future town centre. Earlier in 2024, TOWN undertook a successful market testing exercise, which highlighted a high level of interest in cohousing within the Greater Cambridge area. TOWN is now in the process of building a group of future residents, who, through a codesign process, will help to shape the new cohousing community. The scheme will include 40% affordable housing, together with a range of communal spaces and facilities. Jonny Anstead, Founding Director at TOWN, said: “At Northstowe, we want to create a place where residents know and support their neighbours, and share spaces and resources to live more sustainably. The benefits of cohousing are clear: it allows people to live happier, less isolated lives, fosters a real sense of community and enables residents to share resources and reduce their environmental impact. And in delivering a new cohousing community here at Northstowe, our aim is to support Homes England in shaping a unique, thriving and diverse community with more sustainable ways of living at its heart.” The project once more sees TOWN collaborating with Mole Architects and builds on the success and learnings from Marmalade Lane, a 42-home cohousing development in Orchard Park, Cambridge, delivered by TOWN and completed in 2019. Celebrated as an exemplar for new housing in the UK, that project currently has a waiting list of over 400 households – enough to fill the development another nine times over. TOWN has recently published Insights from Marmalade Lane, a post-occupancy report that highlights the impact that the development has had on the lives of its residents and the social value it continues to generate for them and the wider community. This aligns with Northstowe’s ethos of being a place centred around wellbeing and sustainability. A key finding of the report is that the environmental, social, and economic benefits of Marmalade Lane collectively generate over a million pounds in social value. Matthew Brown, Head of Development at Homes England, also commented: “Homes England is committed to making Northstowe a vibrant and successful place. A key component of this will be to provide a diverse range of housing types and tenures. Building on our existing Market and Affordable Homes – including Northstowe Discount Market Sale Homes for first-time buyers – cohousing will make a valuable contribution to this mix. “Appointing TOWN is a great next step in Northstowe’s journey, and we’ll be working to support the developer in bringing forward proposals for an exciting housing development which champions community at its core.” Homes England is master developer for phases 2 and 3, the final phases of Northstowe. Over the next 20 years, Northstowe will be transformed into a thriving community of around 10,000 new homes and approximately 25,000 people. TOWN is committed to supporting Homes England and its local partners in realising this long-term vision for the new town. For updates on the proposals, or to enquire about potential future homes, visit: https://www.wearetown.co.uk/projects/northstowe/ Building, Design & Construction Magazine | The Choice of Industry Professionals
Rund has been appointed as Countryside and Abri’s Joint Venture Supervisor for a significant development on the former Ford Airfield in West Sussex. The plan will transform the site with a 60-bed care home and 1,500 homes, of which 960 of the homes form the joint venture with the remainder retained by Vistry Group. This includes shared ownership, first home and rental tenures. A minimum of 30% will be affordable housing, with a further 20% allocated as either build to rent (BTR) or additional affordable housing. Alongside this, the development is set to bring multiple benefits to the community, including plans for a new local centre with commercial and retail amenities, extensive community and leisure facilities, allocated land for a new primary school, and expansive public areas such as sports fields and allotments. As Joint Venture Supervisor, Rund will manage and facilitate decisions between all parties to understand and advise, where necessary, on all aspects and phases of the construction programme. The expert team will help ensure long-term positive relationships by providing regular reporting, support, review of financial modelling, and guidance in board meetings, to keep the project moving forward whilst maintaining a duty of care to Countryside and Abri and their partners. Leading to this appointment Rund provided Technical Due Diligence services to Abri, a large housing provider with more than 50,000 home and various community assets, on its 50/50 joint venture acquisition of the former Ford Airfield, as part of the JV acquisition with Countryside. The expert team provided technical due diligence surveys and reports focused on risk identification, mitigation and management as well as development funding agreements, carefully tailored to Abri’s requirements. Rund’s role has been instrumental in structuring a deal that works for both partners, giving them confidence in the site’s potential from the earliest stage. Jo Rothery, Senior Surveyor at Rund commented, “We’re looking forward to working with the team on this significant project, using our experience to make sure it delivers the best outcomes at all stages. This is a substantial project that is set to significantly impact the supply of affordable housing in West Sussex, and bring extensive benefits to the local community. “Rund understands the complete process to achieve success for JV stakeholders and has a proven track record, with the team currently working on leading JV and strategic developments nationwide, totalling over 10,000 residential units.” Building, Design & Construction Magazine | The Choice of Industry Professionals
