Newly created partnerships housebuilder Real Construction is on course to turn over as much as £100m in its first year of operation, according to its chief executive, former Wates Residential MD Paul Nicholls.

Nicholls told Housing Today that the business, formed last month with the purchase of two divisions of Grenfell Tower contractor Rydon, already had a bidding pipeline of £1bn jobs, mostly for housing associations, local authorities and local housing companies and care home developers.

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