Construction UK Construction Directory
Time and date
Share this page
Construction News

Kier Property And Housing Growth Partnership Announce JV

Construction News Image
Kier Property and Housing Growth Partnership have announced a joint venture partnership to develop residential sites across the UK.

The five-year deal, worth £80m on a 50:50 joint basis, will focus on residential developments in urban brownfield sites, initially across the South East of England.

Part of Lloyds Banking Group, Housing Growth Partnership (HGP) is a social impact investor, focused on providing support to the regional residential development and housebuilding community to help tackle housing challenges in communities across the UK.

-- Advertisement --

The joint venture's objective is to regenerate urban brownfield sites, delivering new homes connected to the needs of local towns and communities. The partnership will acquire sites with or without full planning permission and targets building 2,000 homes for sale and rental by 2027. It also evidences a strategic step-change for both Kier and HGP, with the partnership fulfilling Kier’s ambition to grow in the mixed-use regeneration space, while HGP will broaden its approach through larger transactions and strategic partnerships.

Leigh Thomas, managing director of Kier Property commented: "This partnership sits well with our five-year business plan to expand our offering in the mixed-use regeneration area. It will significantly augment our residential regeneration strategy and we have identified a number of sites that we plan to deliver through the partnership, where we can add value through the planning process."

Latest Construction News


Vinci has started construction work on a world-class GenesisCare cancer centre and research hub in Surrey. The centre is being developed in partnership with GenesisCare and Royal Surrey NHS Foundation Trust on the site of Royal Surrey County Hospital. Made possible by investment from Assura, this

As St Arthur Homes prepares for the launch of its second phase of homes at Whiteley Meadows, Winchester, the company has acquired a further 118 homes at the development in a deal in excess of £44 million. Combining a selection of mainly family houses and some apartments, St Arthur Homes’ latest ac

BAM FM has secured a place on a major services framework. The firm has been named as a Crown Commercial Service's (CCS) Total Facilities Management, Hard FM and Soft FM supplier for the Facilities Management and Workplace Services framework RM6232. CCS supports the public sector to achieve maxim

Network Rail engineers have completed work on a £2.28 million project to prevent landslips in the Fareham area. Work began on Friday, 24 June, and South Western Railway (SWR) services on the line from Eastleigh to Fareham were replaced by buses right until the railway reopened on Monday, 03 July.

Marlborough Highways has scooped a £32 million five-year Term Service Highway Works Contract by the London Borough of Islington. The deal will deliver significant social value by supporting Islington Council's net zero carbon ambitions, while securing local employment. It started on 01 July 2022, w

Construction firm Kier has been appointed to work with inmates at HMP Ranby Prison in Retford, Nottinghamshire as part of its Making Ground scheme. Serving prisoners will benefit from improved learning facilities, as well as training carried out by the Construction Skills Programme, leading to gre

The addition of a flat roof extension to your property can provide a great a space for entertaining, an additional bedroom, a home office, kids playroom, dining room or one of many other uses. Whatever the reason for your extension you will want to ensure that the room is well lit, feels bright an

Bouygues UK completed work on the Translational Research Hub at Cardiff University on the Cardiff Innovation Campus. The Translational Research Hub (TRH) will house two world-leading scientific research establishments; the Institute for Compound Semiconductors and Cardiff Catalysis Institute. Desi

The UK Construction industry is looking to recruit quarter of a million new workers by 2026 to keep pace with demand according to Construction Industry Training Board (CITB). Construction and labour productivity has not kept pace with other industries, and across the UK there is a need to refresh t

Places for People has appointed Steve Ashton as its first Group Partnerships Director. Steve will lead Places for People’s strategy for everything related to mergers, acquisitions, contract negotiations and Group-level partnerships. Steve has over 20 years' experience of partner management in regu
Best BrickworkGuardtech CleanroomsStuart CanvasEasy Steel BuildingsHarmoney Consulting GroupShop Granite Setts LtdBailey Paints LtdUK Curtain Walling LtdT & D Glazing And Installation LimitedKP Acoustics Ltd
Terms and Conditions