Our value chain outlines the various options available to the Group for generating value in the short, medium and long term.
In the short term we can generate value quickly through ensuring land obtains planning permission before being sold on, while medium and long term value can be made through the development of part, or all, of the site.
Our local insight and established relationships with vendors and public sector bodies mean that we are aware of opportunities to increase our land bank.
Our financing resources and strong reputation as being trustworthy and reliable mean that we can act quickly to secure promising sites. Sites acquired can often deliver short term returns. This revenue can be generated from a number of sources, such as sale of surplus assets, rent from tenants, car parking and the sites being utilised as filming locations.
Achieve planning permission
Once a site is acquired, extensive research and stakeholder consultations take place to prepare our applications for planning permission. Our record of achieving planning permissions on brownfield sites is second to none.
Sell land with planning permission to developers
Once a planning consent is secured, we have the opportunity to sell the whole site or part of the site with planning permission to developers or Housing Associations for a short term return.
Selling part of the site
By selling a portion of a site while carrying out infrastructure works and housebuilding on other parts, we deliver revenue in the medium term.
Develop the whole site
Building a whole development takes longer but maximises the revenue a site can deliver over the long term. We are now self-delivering the majority of our sites.