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Kier's new housing division to deliver 4,000 units

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Kier's new housing division to deliver 4,000 units

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Published by Max Salsbury for 24dash.com in Housing and also in Development

Kier's new housing division to deliver 4,000 units Kier's new housing division to deliver 4,000 units

Kier Group has announced the launch of a new unified housing division.

Kier Living will bring together three of Kier's existing businesses that have been "incubated" over the last few years to provide the group with specialist housing skills, from contracting, to affordable housing partnerships to private market housing.

The new division plans to deliver 4,000 units over the next five years, targeting its growth in the north and South East of England.

Kier Living intends to expand its geographical footprint to meet nationwide demand for new homes, to be better able to respond to the volume of public land emerging through the Homes and Communities Agency's developer partner panel framework and the affordable homes programme.

John Anderson, Kier Living's executive managing director, said: “The model of balancing activity across the public and private housing markets will protect the business against market fluctuation and enables Kier Living to really leverage the potential of its mixed tenure model.

"The cross subsidy effect of this model enables our local authority and housing association clients to generate the necessary funding to deliver a wide range of housing solutions limiting the impact on the public purse."

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