Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Patnerships developer set to build 18,000 homes this year, taking it above figure predicted by rival
Vistry Group has said it is on course to build 18,000 homes this year – which would almost certainly make it Britain’s largest housebuilder.
The group, in its half-year results for the year to 30 June, said it completed 7,792 homes, up 9.1% on last year’s figure of 7,143.
It said it is “on track” to build 18,000 homes in the full-year, which would likely make it the largest housebuilder in Britain by development volume. Britain’s current largest housebuilder Barratt said yesterday it is likely to build 13,000 to 13,500 in its current year, while Redrow, which merged with Barratt last month, completed 1,894 homes in its half-year.
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