Galliard Homes and Apsley House Capital have launched a Birmingham joint venture to deliver more than 2,000 new homes.
The joint venture marks Galliard Homes’ first large-scale foray into the regional new homes market, going some way to match their London and South East portfolio.
The partners currently have four sites in the city, with a gross development value in excess of £500M. They aim to be on-site with two schemes before the end of the year.
The sites, all currently in the planning stage, include Pershore Street in Southside; two sites in the Jewellery Quarter, including the AE Harris premises and adjacent land in Newhall Street; and Soho Loop, a 12-acre plot on Birmingham’s Main Line Canal.
The joint venture has taken 772 SF in Imperial and Whitehall at The Grand, Colmore Row, to house their planning, land acquisition, property management and sales and marketing teams.
The new office comes after a year of site acquisitions by the partnership.
"Expanding the Galliard brand into Birmingham; it’s an exciting step for the company," Galliard Homes Chief Executive Stephen Conway said. "There is a huge amount of potential around the city and we’re looking forward to driving regeneration and delivering exceptional homes for the growing population."
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