Investment head at Homes England steps down due to impending career changes
In the world of UK construction, a notable figure is set to make a comeback. David Bridges, a name synonymous with Kier Group and the housing development sector, is returning to Kier as a managing director in March 2024.
Bridges has held a significant role in leading property organizations throughout his career. Most recently, he served as the interim chief investment officer at Homes England since August 2023. However, a thorough search of available information does not provide any updates on his recent activities, investment strategies, or his impact on Homes England.
Bridges expressed excitement about his return to Kier, expressing confidence that his experience at Homes England will help deliver on Kier Property's growth plans. In his new role, he will sit on the property board and take overall responsibility for the delivery of all residential projects.
Leigh Thomas, Kier Property's managing director, expressed equal excitement about Bridges' return. Thomas believes that Bridges will play an integral role in leading the residential regeneration team and driving growth strategies. Thomas also looks forward to seeing the impact Bridges will have upon his return to Kier.
Bridges' career in the construction industry is not limited to Kier and Homes England. He has previously held roles at Taylor Wimpey, Keepmoat, McCarthy Stone, Linden Homes, and Sergo, among others.
Meanwhile, Homes England has faced criticism for its investment strategies in modern methods of construction (MMC). The House of Lords committee has criticized these investments as 'undirected and nonstrategic'. The organisation is also reported to have suffered financial losses from investments in companies such as Ilke Homes and House by Urban Splash.
Despite these setbacks, Bridges remains passionate about helping regenerate towns and cities. His return to Kier is expected to bring fresh perspectives and strategies to the company's residential and regeneration sectors.
For the most detailed and current information on this topic, it is recommended to check specialized financial news platforms, official Kier Group announcements, or Homes England press releases directly. These sources are more likely to report industry-specific leadership and investment changes.
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