The housing developer recently recorded a turnover of £371.9m.
A2Dominon has announced plans to deliver over 1,000 new homes per year over the next three years, rising to 1,500 thereafter.
It had previously aimed to deliver an average of 900 homes per year from 2015 to 2020 and had around 4,000 in its pipeline.
The group is now aiming to have over 40,000 homes in ownership and management by 2020 and 45,000 homes by 2025.
The homes will be built with around 40% used for private sale and 60% for both private rent and affordable products, including affordable rent and shared ownership.
A2Dominion has also made key changes to its executive management team with Nick Hutchings appointed as executive director (managing director, commercial) from October 2017.
- A2Dominion completes 754 new homes
- Oxfordshire to benefit from 15,000 new homes via £6.2m government boost
- 71 new council homes to be built in Wandsworth
John Knevett (group commercial officer and deputy chief executive) and Nicholas Yeeles (executive director, commercial London) will both be leaving the group in 2018 after almost 50 years of combined service.
The group is also creating six new director roles that will report directly to Nick, who was previously the executive director (commercial) of the group’s south-east region and a managing director at the Berkeley Group.
“This is an exciting time for A2Dominion as our ambition is to develop 1,500 new homes each year by 2020,” said Darrel Mercer, group chief executive at A2Dominon (pictured above).
“John and [Nicholas] have made an immeasurable contribution to the development of the group over the years.
“They have ensured that we have significantly increased the number of new homes we provide and will be leaving the commercial division in the capable hands of a new leadership team.”
John added: “I’ve thoroughly enjoyed my time at A2Dominon and I’m confident that these changes will mean the group can further increase its output of new homes, improve customer satisfaction and further grow the business.”