Guinness beats annual completions target as development bounces back

balance sheet

64,000-home association boosts turnover through bulk sale

Guinness has exceeded its annual development target and boosted its turnover.

The 64,000-home association, in its financial statement, said that it completed 814 homes in 2022/23, beating its target of 771.

The figure is a near doubling of the 410 homes it built last year, when the association built less than half its targeted homes amid labour and supply chain issues and developers ‘re-profiling’ schemes.

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