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Edenstone secures sites for hundreds of South West homes

Source: https://www.insidermedia.com/news/south-west/edenstone-secures-sites-for-hundreds-of-south-west-homes

The Edenstone Group has acquired five sites across the South West for the development of hundreds of new homes.A year after opening its Southern office in Portishead, the housebuilder has now secured land with an estimated completed sales value of more than £100m.In Somerset, the company plans to build new homes in Bleadon and East Brent, with further homes planned in Sampford Peverell in Devon.Further acquisitions across the South West are due to be announced shortly.Edenstone Group managing director Martin Taylor said: “After almost two decades operating in South Wales and in the Three Counties, we felt confident in our decision to move into the South West of England. It’s heartening to have that confidence validated with sites coming to fruition.”What’s particularly encouraging is that the land community in the region is gradually getting to know more about us and the straightforward way in which we operate. This is producing commercial opportunities for us, while furthering our objective of building genuine communities and developing a business which, whatever the prevailing conditions, has solid foundations and prospects.2Edenstone’s Southern land director James Morgan added: “We couldn’t have asked for a more positive start to our trading in the South West region. Acquiring sites has been highly competitive over the last year and this could have potentially presented an extra challenge to us as perceived newcomers in the area.”It demonstrates that vendors, agents and promoters recognise that we are very much open for business and a good development partner – a message we continue to spread.”Expanding into the South West is part of Edenstone Group’s growth plan of achieving £100m turnover by 2023.