Countryside’s new east Midlands team is aiming to get a dozen projects underway over the next 12 months
Housebuilder Countryside Properties is extending its reach into the east Midlands with a new dedicated office for the region and targeting annual revenues of around £175m.
Countryside said it was actively seeking greenfield urban extension and brownfield regeneration sites in Nottinghamshire, Derbyshire, Leicestershire, Lincolnshire and Cambridgeshire.
The firm said it was looking for opportunities to create mixed-tenure communities of between 50 and 3,000 homes aimed at first-time buyers and young families.
Countryside said the new team would aim to start work on a dozen projects over the next 12 months.
Headquartered in Enderby, Leicestershire, the new region will be led by managing director Glyn Mabey.
The move follows the acquisition of Westleigh and expands Countryside’s existing presence in the Midlands, where it already has a number of major developments through its west Midlands office, including Galton Lock, Lea Hall Gardens and Bilston Urban Village.
Mabey said: “We see significant opportunities in the east Midlands, where residential markets remain strong and house-price growth is outperforming the rest of the UK.
“With excellent connectivity, vibrant and cosmopolitan cities, seven universities and the Midlands Engine initiative, the economy in the east Midlands is booming.”
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