Stonebond to become partnerships housebuilder

Stonebond Waterbeach

Cherry family firm will focus on land-led partnerships housing as it pursues growth strategy

Cherry family housebuilder Stonebond is to transform itself into primarily a partnerships housing business as it seeks to grow in advance of its proposed stock market listing.

The housebuilder owned by the sons of Countryside founder Alan Cherry has primarily operated as a traditional housebuilder until the last 18 months, but the owners made a decision to take “partnerships” housing work with housing associations and councils during the pandemic.

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