Introduction to Gen² Simon Ryan, Sales Manager 16 May 2018.

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Presentation transcript:

Introduction to Gen² Simon Ryan, Sales Manager 16 May 2018

Part of the KCC group of trading companies Working with Service Level Agreement Dividend Contribution Client Shareholder Kent Housing Group 16 May 2018 Maidstone

Smarter property Acquisitions & Disposals Construction Project Delivery Acquisitions & Disposals Smarter property Asset Management Estates Management Appraisal & Analysis Facilities Management Kent Housing Group 16 May 2018 Maidstone

Gen2 manage Over £2 billion property assets under management Community Hubs Offices Libraries Housing Museums Retail Warehouses Clinics Care homes And many many more … Over 1,400 buildings Over 600 school sites Over £2 billion property assets under management Gen2 Kent Housing Group 16 May 2018 Maidstone

From multiple perspectives 700 Landlord Agreements 400 Tenancy Agreements Delivering £200 million in capital projects every year Kent Housing Group 16 May 2018 Maidstone

LGA estimate councils are paying £2 million daily to private landlords in England Crisis estimate a homeless individual costs other public services £20k a year

Kent Housing Group 16 May 2018 Maidstone At the start of this year in Kent 1,182 households in Kent were living in temporary accommodation. Kent Housing Group 16 May 2018 Maidstone

The Gen² Proposition Suitable small sites Identified for planning & building End of term properties transfer to council Leased or sold to JV Partnership Council pays a fixed quarterly fee Properties built to council specification Properties maintained including regular redecoration Kent Housing Group 16 May 2018 Maidstone

Kent Housing Group 16 May 2018 Maidstone The funding/ownership concept Funder Funding Income Kent Homeless JV Services Operator - Gen² Lease (Units) Lease (Land) Notes Lease lengths to be agreed Funder will develop sites in return for income Land can be leased or purchased Multiple lease arrangements can be created Local Authority Kent Housing Group 16 May 2018 Maidstone

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