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.
Flintshire-based Anwyl Homes has secured planning permission for 25 homes on a 1.9-acre site, next the borders of existing development Parc St Mary’s in Northop Hall.
Vanda Murray will join the board of housebuilder Redrow as a non-executive director from 1 August.
North Wales Tourism is calling for a review of Horizon Nuclear Power’s proposals to house construction workers in the island’s holiday accommodation during the building of Wylfa Newydd nuclear power station.
The student accommodation developer is enjoying profit margins of above 20% on new projects and said international funds are entering the investment market as it continues its policy of selling projects as they come forward.
