The investments, which span the breadth of the south of England, represent Hill’s commitment to delivering new homes, either as part of its development activity or as a partner of choice. 

Hill’s investments encompass 11 developments with a GDV of £1.3bn delivering 3,000 new homes, of which over 44% will be designated as affordable.

Nine of the developments are expected to start on site by the end of 2024, with the remaining pair anticipated to begin in 2025.

All the developments have planning. 

Hill made its series of 2023 investments during a period of increased economic uncertainty, demonstrating a proactive and long-term approach, positioning the housebuilder for strong growth in 2025.

•   The Finance Professional Show 2023: The Video
•   Bellway ordered to pay £10,000 to Thames Water for illegal water connections
•   LDS and Sancus unlock £18.4m GDV scheme in east London

The developments include two joint ventures with Peabody and two sites delivered in partnership with Cambridge City Council, highlighting Hill’s collaborative approach to delivering high-quality housing and regeneration projects. 

In the same year, the group also invested heavily in its future pipeline with several acquisitions in strategic land sites, including Warwickshire and Essex.

A total of four strategic land options were procured for the company, with the potential for over 9,500 new homes with a GDV of over £3bn.

Andy Hill OBE, group CEO at The Hill Group (pictured above), commented: "The recent economic downturn presents both challenges and opportunities.

“By strategically securing these developments at a time when market conditions are advantageous, we are ensuring a robust pipeline of projects ready to commence construction as and when planning approvals are secured.

“This approach will ensure The Hill Group remains well positioned in preparation for an expected recovery in market conditions.

"Our robust financial position and agile decision-making capabilities have also allowed us to capitalise on strategic land acquisitions, setting ourselves up for growth over the next decade and beyond.”