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Sun April 11 2021

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Wates restructures its Living Space

8 Sep 15 Wates Group has divided its housing division, Wates Living Space, into separate divisions for new build and maintenance.

Andy Hobart
Andy Hobart

The maintenance division will continue to be led by Wates Living Space managing director Andy Hobart, supported by regional managing directors, David Morgan in the South and Steve Jackson in the Midlands and North.

The Homes division, responsible for new-build construction work and partnership housing activities, will be led by managing director Jo Jamieson. She was previously regional managing director of Wates Living Space’s new build activities in the East. She will still report to Andy Hobart.

Separating the management of the two divisions is designed to promote growth. Wates Living Space reported a turnover of £391m in 2014 and has made several 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, growing its responsive maintenance capability in the Midlands and North. Wates plans to grow both divisions to create a £500m Maintenance division and a £250m Homes division.

Mr Hobart said: ““The clear separation of our Maintenance and Homes divisions under the Wates Living Space brand gives us a strong foundation on which to seize emerging business opportunities and to make our ambitious growth goals a reality. This is an exciting time for the business and we look forward to working alongside our local authority and housing association partners to continue driving excellent service and providing a market leading offer across both our Homes and Maintenance divisions.”

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MPU
MPU

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