Ethical house builder signs two firms for £150m deal

Aaron Morby 7 years ago
Share

Ethical house builder Aster Group has signed up Galliford Try Partnerships and E G Carter for a new partnering arrangement worth £150m.

The firm will now share a work programme over the next year years to deliver up to 500 new homes across the south of England each year for the not-for-dividend group.

The contract forms part of Aster’s wider plans to invest £1.5bn in new homes between now and 2024, including the delivery of a record 1,100 properties during 2017/18.

Aster’s schemes comprise a mix of open-market sale, shared ownership, affordable and social-rented housing. It reinvests profit into building more housing schemes.

Tony Clifford, assistant development director – construction and technical at Aster Group, said: “We are increasing the number of homes we build every year and our footprint continues to expand across the south of England.

“We have recognised that by working closely with the right number of contractors who share our vision we can build strong long-term partnerships that will support Aster in delivering more land-led opportunities over the coming years.

“These partnerships complement the delivery of our section 106 developments and support our vision that everyone deserves a home.”

 

Last month, Aster announced a reshaping of its senior development team as part of its ambitious house building programme. The new team includes director of development and sales Jane Gallifent, who joined from Clarion Housing Group.

Aster’s current land-led schemes include 38 homes at a site in Hambleton Avenue in Devizes, Wiltshire and 36 homes to be built in Tadley, near Basingstoke.

The group is the preferred bidder to build 109 properties in the Bargates area of Christchurch, Dorset, and recently completed the 94-home Finn Square development in Weymouth, Dorset.

Latest news

Laing O’Rourke appoints new European MD

Peter Lyons to take-up new in February
9 hours ago

Profits dip at Stepnell ahead of demerger

Turnover and secured workloads up ahead of restructure
8 hours ago

1,000-home Wolverhampton city centre scheme in for planning

ECF and council advance City Centre West build to rent scheme
8 hours ago

Sisk clinches £54m North London council HQ revamp

Haringey's iconic Grade II listed civic centre to be brought back into use
9 hours ago

Anglian Water hunts for £1bn delivery partner

Programme delivery partner wil integrate with client team over 15-year plan
14 hours ago

Ofgem approves £2.5bn Eastern Green Link 1

Work to start next Spring on cable project from Scotland to the north of England
13 hours ago

Hadden collapse costs supply chain £6.7m

"Highly unlikely" subcontractors will receive anything for their unpaid invoices
15 hours ago

Management buyout at M&E specialist

£25m turnover Kimpton in second MBO in its 60-year history
15 hours ago

BAM finalises £71m deal to replace first major RAAC school

Work to start on new St Leonards Catholic School in Durham
14 hours ago

Scaffolder hit by two tonne weight at nuclear plant

Court hands out £633,000 in fines after Dungeness B decommissioning incident
15 hours ago

Go-ahead for 860,000 sq ft East London medical campus

Whitechapel Road scheme of six new and repurposed buildings
14 hours ago

Site labour rates hit record high as cost inflation returns

Industry's biggest payroll firm says rates rose nearly 5% last month in London
4 days ago

Morris & Spottiswood acquires part of ISG fit-out division

ISG Cathedral acquisition saves 111 jobs and expands presence across England
4 days ago

New work drives Q3 construction output uplift

Third quarter activity up 0.8% despite slowdown in September
4 days ago

Octavius cuts concrete formwork strike time by 5 days

Temperature probes reduce times for safely striking formwork
4 days ago

Plan for 200-home student-led London scheme

Developer Regal is behind new Camden Town scheme
4 days ago

Green light for new £45m tax office in Portsmouth

HMRC to occupy new office complex with construction starting next year
4 days ago

Extra tunnels included in £6bn East West Rail scheme

Government unveils plans for two new tunnels in Cambridgeshire
5 days ago

Infrastructure to get £80bn boost from public sector pensions

New "megafunds" will invest in UK construction projects
5 days ago

Bidders wanted for £800m building safety framework

Fusion21 launches renewal of deal across 12 lots
5 days ago

Winchmore wins £6.5m brickwork package on Stratford flats

Latest award from Graham on £69m development
5 days ago

Motts/Jacobs JV to design £2.5bn West Yorkshire Mass Transit

First construction could begin in 2028
5 days ago

Muse signs landmark deal to redevelop Solihull shopping centre

Mell Square scheme includes 1,600 homes at 6.4ha town centre site
6 days ago

Reds10 raids house builders for two director hires

David Newey and James Bateman join as regional ops directors
6 days ago

Builder killed as telehandler overturns

House builder goes into liquidation before court hearing and £160,000 fine
6 days ago

Balfour Beatty regional MD steps down

Lindsay McGibbon is understood to be exiting for a job in the United States
6 days ago

Firms put on alert for £1.5bn decarbonisation framework

Fusion21 aims to invite bids in January for housing and public buildings retrofit framework
6 days ago

Morgan Sindall aboard for £22m London station roof renewal

Passengers will continue to use Liverpool Street Station while roof works take place above
6 days ago

Utilities contractor turns to Africa for skilled workers

IES Utilities Group recruits its 100th overhead linesman from South Africa and Zimbabwe
6 days ago

McLaren boosts building safety and refurb team

Paul Woodhams promoted to newly created MD role at expanding division
6 days ago

Contractor services