Leading regional real estate business, Seven Capital, has allocated £100million to launch a new regional housebuilding division, which will focus on the delivery of new build family housing across the West Midlands and surrounding counties.
SevenHomes will build high quality, affordable houses, designed to reflect modern day living, continuing the Seven Capital Group’s overall commitment to helping to meet the housing needs of the region. The new homes will appeal to a full spectrum of customers including first time buyers, second movers and families.
Samuel Clark, managing director of SevenHomes, said:
“We believe there is a clear a gap in the market for a regional housebuilding business with a strong brand and reputation for delivering high quality affordable homes. We have been quietly working hard over the past 12 months to secure a number of development sites for the anticipated delivery of 500 homes.”
“Suburban family housing is a natural evolution to the Seven Capital business which played a pivotal role in the return of city living in Birmingham. To date the business has sold over 2,500 apartments within the Midlands apartment market and is now onsite with over 1.5 million sq ft of construction as part of its commitment to build out its 5,000 unit pipeline.”
“As indicated by our significant investment in city living we have a demonstrable track record of meeting chosen objectives and remain firmly committed to the West Midlands. We are now actively seeking new development opportunities and expect to deploy a significant amount of capital throughout the course of the next 12 months”.
For more information on Seven Homes, or to discuss land acquisition opportunities, visit www.sevenhomes.co.uk or email land(Replace this parenthesis with the @ sign)sevenhomes.co.uk.