
Redrow tops £1bn half-year sales mark
The Deeside housebuilder saw its pre-tax profit rise by 11% year-on-year in the second half of 2020, as both revenue and legal completions surged during “a period of intensive activity to rebuild output”.
The Deeside housebuilder saw its pre-tax profit rise by 11% year-on-year in the second half of 2020, as both revenue and legal completions surged during “a period of intensive activity to rebuild output”.
Housebuilder Macbryde Homes has been sold to managing director Gwyn Jones and long-term finance partner Bridgemere UK, chaired by Redrow founder Steve Morgan.
Pure Residential & Commercial has made its third and fourth senior appointments of the last six months, with Graham Bellis and Gary Bailey joining the Daresbury and St Asaph firm’s management team.
The housebuilder has commenced a project to build 24 homes in the North Wales market town, and has reported a spike in interest in the scheme due to pent-up demand following the Covid-19 lockdown.
The housebuilder is on site two months later than planned to deliver 64 homes on a 5.2-acre plot east of Denbigh in North Wales, as the Welsh housing market waits for the government's signal to reopen.
Macbryde Homes is due to start on site in late spring on 24 homes on the edge of Holt, after receiving consent from Wrexham Council.
The housing arm of North Wales-based Pure Residential & Commercial has added two members to its management team, a head of construction and a commercial manager, as it looks to expand in the North West.
Construction of Anwyl’s latest affordable housing scheme on the site of the former Edelweiss Hotel in Colwyn Bay has begun, with completion targeted for September.
This year will see fresh services launched including a development map to complement news stories and branded content production for partners.
Strategic Land Group has sold 3.2 acres in Penyffordd, Flintshire, to housebuilder Macbryde Homes, paving the way for the development of a 32-home scheme, which already has planning consent.