BSEE
BBS Capital and Wavensmere Homes join forces with Urban Exposure in £42.9m housing deal
Simon Acres group to donate £5000 to wellness charities by abandoning plastic at KBB
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uJames Dickens of Wavensmere and Nick Spencer of BBS Capital have made the city of Derby their focus for investment
between BBS Capital, Wavensmere Homes and Cedar Group to develop a major city centre regeneration project. BBS’s investment
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management business has joined forces with James Dickens’ Wavensmere Homes and Grahame Whateley’s Cedar Group to deliver 474 homes at the Nightingale Quarter development in Derby, supported by a £42.9m development finance facility from Urban Exposure. The 18-acre site was once home to the Derby Royal Infirmary and will be delivering 125 townhouses and 349 apartments over three phases.
The joint venture will launch the first phase of sales at the end of February 2020, with the first houses targeted for delivery by the end of September 2020.
Nick Spencer of BBS said: “We have worked with James and Grahame for some time in an advisory capacity but are delighted to have agreed this joint venture to deliver an urban regeneration project of this nature. The Nightingale Quarter will offer Derby residents the best of urban living in a carefully designed community which will offer a large proportion of green space and on-site leisure amenity whilst also paying homage to the historic nature of the site.”
James Dickens, managing director of Wavensmere Homes added it was a business partnership which was vital to the project and being able to deliver the homes in autumn this year. “This is an incredibly exciting development for us to be driving as it is not just one of our largest to date but is also of massive historical significance. We have worked with BBS in the past, so for them to come onboard with the
Nightingale project is huge strategic
partnership has been forged
for us and for the project,” he added.
Randeesh Sandhu, CEO of Urban Exposure, said: “We are delighted to be
supporting a project that will be transformative for central Derby, supporting the delivery of much needed housing for the local population. The site has been disused for several years, which makes it all the more pleasing to provide Derby’s residents with an opportunity to live in a thriving new community in an exceptional location. “We are also pleased to be working with BBS and Wavensmere who have an excellent track record and a clear desire to work on further developments in the Midlands, a region where Urban Exposure has significant experience and has now provided over £150m of development finance in the past eighteen months.”
Spencer said the joint venture was currently actively seeking similar residential development opportunities in key regional cities, with a particular focus on the Midlands.
Over 2000 people have registered their interest in the homes, which is designed to be a green oasis for its new residents, including cycle routes, an open-air gym and fitness area, children’s play areas and planting throughout the site. The Infirmary’s iconic pepper pot buildings will be retained for community use, with residents having access to numerous facilities including a café, gym, exhibition space and meeting rooms.
It was revealed last year that the cost of homes start for a two-bed property at £185,000 and for a three-bed property at £220,000. Help to Buy is also available for first time buyers.
For those wanting to register their interest in the homes, visit
https://qderby.co.uk/
imon Acres Group has committed to not use any plastic for marketing merchandise at the KBB exhibition (01- 04 March NEC
Birmingham), and donate the money they would have spent, £5,000, to wellness charities.
The move follows a recent KBB forum on ‘Wellness in the Workplace’, hosted by Simon Acres Group that raised awareness about how many people are affected by mental health issues and the impact this can have on business. Simon Acres Group principal director Simon Acres says, “We were so moved by the support from our guests at the forum that we wanted to continue the conversation about this taboo topic. We hope that visitors to our stand will support us and help us make a difference, one that could ultimately lead to saving lives.”
The £5,000 donation will be
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allocated across three charities, based on the preferences of visitors. They will be able to select which of the three charities they would like to support when they visit the stand.
The three charities that will benefit are TT Training - Children’s Mental Health, The Samaritans and Mind.
Simon Acres Group can be found at stand N70.
There will be an introductory 25% discount to all new clients who register at the show for any of the recruitment, training, digital marketing, web development or business consultancy services.
Construction technology firm announces record profits
iosite Systems Ltd, a leader in technology-enabled solutions for the construction industry, has announced a record revenue increase of 28 per cent to £12.5m for the year ending 31 July 2019. The Midlands-based workforce management specialist also reported a 51 per cent jump in operating profit, with gross profit rising from £3.7m to £5.3m. The firm plans to reinvest profits in R&D to ensure the continuous development of its software and hardware portfolio, to deliver the best solutions and service proposition for its customers.
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The results followed a strong year collaborating on some of the largest infrastructure projects in the country – including the A14 Improvement Scheme, High Speed Two enabling works programme for Costain Skanska Joint Venture and Thames Tideway East for Costain, Vinci Construction Grand Projects & Bachy Soletanche (CVB). Prospects are looking positive for the year ahead, with contracts secured with Wates, Eiffage Kier Joint Venture and Align Joint Venture. Managing director, Li Wang, attributed the performance to the company’s expanding software portfolio and in-house capabilities. He comments: “It has been an exciting period of growth for Biosite, culminating from a variety of factors. “We have focused on the
development of our software solutions, including the launch of our Business Insight platform – Sense – which allows our customers to easily identify useful insights from the extensive data our systems capture, plus the introduction of our Inform mobile app to effectively manage snagging and create digital forms and workflows. We also have the advantage of manufacturing our
4 BUILDING SERVICES & ENVIRONMENTAL ENGINEER MARCH 2020
hardware and software solutions in- house, which enables us to be in control of R&D and development costs. “I’m extremely proud of our fantastic team and everything we’ve achieved so far as a business. This has put us in an excellent position to continue our upward trajectory and achieve our turnover target of £16million this financial year.”
Biosite technology is currently deployed on more than 650 projects, with more than 650,000 workers now live on Biosite’s databases, with in excess of six million biometric transactions captured each month.
About Biosite
Biosite provide a range of integrated solutions that have been specifically designed to help manage, monitor and maximise safety, efficiency and security
on construction sites. Biosite’s unique fingerprint algorithm and access control technology creates an individual user profile and provides a streamlined digital reporting system at a site and corporate level. This has delivered significant improvements in workforce management and staff reporting, allowing main contractors to establish a true working history, credential and disciplinary record of individuals on site.
The company’s ‘can-do’ culture, in- house software development and production capabilities have made Biosite a technology partner-of-choice for leading UK construction companies. Biosite also offers a leading EN54 certified fire alarm system, delivery management and manned security solutions.
www.biositesystems.com Read the latest at:
www.bsee.co.uk
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