Taylor Wimpey figures bode well for construction recruitment
04/07/2011 16:00:00
Taylor Wimpey's housing development programme has continued apace since the start of this year, potentially facilitating the creation of new construction jobs.
In its latest trading statement, the house building group stated that the housing market had remained stable over recent months and that it expected to have completed construction work on 4,550 homes over the first half of 2011.
Furthermore, Taylor Wimpey also revealed that it has acquired 5,527 plots on 55 new sites since the year began and that it has entered an agreement with Haworth Estates to obtain a further 16 strategic sites where it could deliver up to another 4,000 homes.
Group chief executive Peter Redfern commented: "We are well positioned to deliver further margin improvement in the UK, beyond our double digit operating margin target for 2012, through the development of our extensive strategic land portfolio."
Last month, Willmott Dixon and Savills announced they were entering a new joint venture to deliver private rented housing in tandem with local public sector bodies and private sector landowners, which could also generate new jobs in construction.
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