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Vanderbilt Group acquires eight sites in three months

Vanderbilt Group has acquired eight sites between November and January across Surrey, Hampshire and West Sussex.

The sites should deliver around 250 new properties, from town centre apartments qualifying for Help to Buy to larger family homes.

Chris Chiles, managing director of Vanderbilt Group, said: “The Crayfern Homes acquisition has allowed us to secure more investment and bolster our land pipeline.

“Both businesses are delivering – assisted by a resurgent property market, we saw our best ever sales performance in January.

“This land certainty and asset turn, coupled with strong investor support and a robust operational model, will enable us to deliver on our ambitious targets.”

The group acquired Southampton-based housebuilder Crayfern Homes in July 2019.

The company has a two-year pipeline of development with projected growth of over 150% in the next two years.

Vanderbilt is looking for further land and partnership opportunities across Oxfordshire, the Home Counties and the South Coast.

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