1. KATE IVES WATES RESIDENTIAL (LONDON & SOUTH)

2. We are in the business of building homes for Britain.
Our heritage is in house building, spanning 120 years of delivery.
We are a triple bottom line investor, who develops and builds homes throughout London and the South.
Our approach is one of partnership, working with Local Authorities and Housing Associations to unlock housing sites using our multi-disciplinary skills from building to selling.
We are positive change makers, bringing value to the people and communities within which we work.

3. WHO WE ARE AND WHAT DRIVES US
Triple bottom line investor
Alignment of interests with public sector
Flexible model risk and reward model
‘One stop shop’ for housing delivery
50% Contractor and 50% Developer
Above and beyond mentality

4. WHAT WE ARE DELIVERING ERITH PARK, BEXLEY (887 HOMES)
Wates fund, build and sell homes
Orbit own and manage affordable homes
Phase 3 planning submission Q1 / 2018
35% local labour
55 apprenticehips to date

5. WHAT WE ARE DELIVERING ABBEY AREA REGENERATION, CAMDEN
141 homes / Build value of £53.0m
£1.2k spent supporting Abbey Road Housing Corporation fun day
Gardening & painting project £5k
£2.1k Legoland day out for disadvantaged children
£164k training local people

6. WHAT WE ARE DELIVERING CARDIFF LIVING (1,500 HOMES)
Wates fund, build and sell private homes
Cardiff own and manage affordable homes
Difficult sites requiring flexible approach
Started on site June 2017

7. WHAT WE ARE DELIVERING DAEDALUS WATERFRONT (200 HOMES)
HCA partnering - investing in enabling works
Wates fund, build and sell
Returns to HCA and Wates from sales
Quick two-year build and sell
18 new jobs / 14 apprenticeships
Building futures - 18 new CSCS trainee’s

8. WHAT DO WE LOOK FOR? Alignment of interests Strong domestic demand
Place making and value add
Expertise from our partners
Mixed tenure, community building
Opportunity for improving pace of delivery

9. WHAT ARE THE CHALLENGES?
Having a shared vision
Communication with all stakeholders
Keeping pace – policy and politics
Creatively responding to market risk
Whole team responsibility for cost control and inflation risk
Trust based relationships

10. HOW WE CAN HELP DELIVER MORE
‘What you see is what you get!’
More JVs or partnership DA’s
Collaborate with planners and politicians – we are all in this together
Flex our return profile
Strong design and cost planner relationship
Focus on building for local people, regardless of tenure
Keep it simple!

11. Wates Residential will create places that leave a lasting legacy for
people and communities.
We will invest our capital in places where we can create environmental, social and economic benefits for the people and communities within which we work.
Homes for Local Communities - Homes for Britain