- April 22, 2022
- Posted by: Zina Smith
- Category: CT News
Supporting stock acquisition
Campbell Tickell is delighted to have helped Paradigm Housing Group acquire 363 properties from One Housing Group.
The properties include 322 homes, five freehold homes and 36 car parking spaces.
Matthew Bailes, Chief Executive of Paradigm said:
I’m delighted to welcome our new customers to Paradigm.
Our corporate plan sets out our ambition to be larger and more local.
This will allow us to deliver better and more efficient services to our customers and help us perform better as a business. It will be easier and more cost-effective for us to build really strong partnerships with local organisations which can help us support more vulnerable customers and reduce the time we spend travelling between repair jobs.
The stock acquisition was supported by a team from CT including David Williams, Partner, and Glenn Allum, Associate Consultant, Campbell Tickell.
CT’s Glenn Allum said:
It has been a pleasure to support Paradigm in acquiring these homes from One Housing Group. The project is a great example of how stock rationalisation can be used to allow Registered Providers to address the more remote elements of their portfolios, transferring homes to others who have a greater local presence and can deliver services to residents more efficiently.
It is an area in which we expect to see ongoing and increased activity in the short to medium term as RPs look to make greater strategic sense of their operational footprints. We look forward to working with Paradigm and others in the future to support both disposals and acquisitions for this purpose.
This is the latest housing stock acquisition that Campbell Tickell have helped facilitate.
This follows our support for Paradigm Housing Group’s stock swap of 2,471 homes with The Guinness Partnership last year, the largest ever swap in the housing sector. Recently, CT supported Phoenix Community Housing on the stock transfer of 1,400 homes from L&Q.
To discuss how we can help you rationalise your housing stock, improve your operating costs and deliver better value for money for tenants, please contact David Williams at email@example.com or +44 (0)7977 280 894 or +44(0)20 8830 6777.
Read David William’s: 6 golden rules for purchasing stock
|Campbell Tickell is an established multi-disciplinary management and recruitment consultancy, operating across the UK and Ireland, focusing on the housing, social care, local government, sport, leisure, charity and voluntary sectors.
We are a values-based business and firmly place the positioning of our support and challenge on helping organisations to attain change that is well thought through, planned and sustainable. At CT, we want to help organisations create the landscape within which we ourselves would like to exist: fair, inclusive, diverse, engaged and transparent. We build from our values in how we approach all our work as a practice.
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