Wates Living Space has announced a new national scheme to support ambitious growth plans over the next four years that will create new jobs.
The structure sees the creation of two separate divisions under the Living Space brand; a Maintenance division and a Homes division.
Each is supported by a dedicated management team focused on securing further growth opportunities within these two different sectors.
The Homes division of Wates Living Space will be led by Managing Director, Jo Jamieson who will be accountable for the division’s new build and partnership housing activities across all regions and will report to Wates Living Space Managing Director, Andy Hobart.
This announcement reaffirms Wates Living Space’s long-term commitment to deliver more and better homes across the UK, helping to tackle the nation’s urgent need for housing.
In support of this aim, the business plans to grow both divisions to create a sustainable £500 million Maintenance division and a £250 million Homes division.
The two divisions will offer Wates Living Space’s housing association and local authority clients a full range of services; Maintenance will offer planned and responsive maintenance programmes, void and energy services while Homes will provide contracting and development services.
Wates Living Space’s sustainable growth strategy enabled the business to report a turnover of £391m in 2014 and has been further supported by a number of strategic acquisitions in recent years.
This includes the integration of Linbrook Services into South Maintenance in 2011 and the more recent acquisition of G Purchase in 2014, expanding Wates Living Space’s national offer to customers and growing its responsive maintenance capability in the Midlands and North.
