
Macbryde promotes Jones to MD
The St Asaph-based housebuilder has appointed Gwyn Jones as managing director, the first time a senior role in the company has been held by someone outside the Macbryde family.
The St Asaph-based housebuilder has appointed Gwyn Jones as managing director, the first time a senior role in the company has been held by someone outside the Macbryde family.
Developer Muller Property Group is to submit an outline application to Flintshire Council as it seeks to build 66 homes on a 4.3-acre site to the north of Drury Lane, close to Buckley.
Macbryde Homes is starting on site with a development of 156 homes on the edge of Abergele, on land previously earmarked for the North Wales Business Park.
The Deeside-headquartered housebuilder has reported a record trading period in its interim results for the six months to 31 December 2017.
The North Wales residential developer reported a 13% climb in revenue to £302m and an 18% leap in gross profit to £63.5m for the year to 30 September 2017, as Mark Watkin Jones announced his decision to resign as chief executive once a successor is found.
A 75-home development in Denbighshire that was refused planning permission looks set to go ahead after a local inquiry found in favour of the developer.
Macbryde Homes has appointed Simon Finlay as head of development from Galliford Try Partnerships.
Anwyl Homes has appointed four new executives – including three from Redrow Homes - as part of its plans to expand into Lancashire and achieve a turnover of £100m in the next three to five years.
Redrow chairman Steve Morgan has made £152m from the sale of 25.9 million shares, held by his company Bridgemere Group and charity The Steve Morgan Foundation, releasing a combined 7% stake in the housebuilder.
Chairman Steve Morgan is to move to a non-executive role at the North Wales housebuilder, which has reported record figures for the fourth consecutive year, with pre-tax profits climbing 26% to £315m in the year to 30 June 2017.