Real wins place on £250m SEC affordable housing framework

08 April 2021

Real, a new contractor, developer and investor, has won a place on a South East Consortium framework to build affordable homes over the next three years.

 

The SEC – which is owned by its 41 housing association and local authority members – expects the framework to be used by its members to build new homes and other projects worth around £250m in total. At present SEC members manage more than 400,000 homes.

Real, which launched this month, will help housing providers with projects worth between £5m-£20m across London, Kent, Sussex, Surrey and also the rest of the UK.

Paul Nicholls, chief executive of Real, said: “It is great to be recognised by a prestigious framework that supports so many housing associations and local authorities in building new communities. This is the best start to our new business we could have hoped for.”

Real is a new construction and regeneration business that delivers housing-led, new build projects with local authorities, housing associations and private clients in London, the South East and South West.

The company is led by chief executive, Paul Nicholls, who has 25 years’ construction and regeneration experience. Real already has a strong pipeline following the transfer of a number of construction and regeneration projects from Rydon Group in March this year.
 

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