ao link
Twitter
Facebook
Linked In
Twitter
Facebook
Linked In

You are viewing 1 of your 1 free articles

Places for People development boss leaves to join house builder

The head of Places for People’s development division has left after around four years at the giant landlord, to join an East of England house builder.

Linked InTwitterFacebookeCard
Places for People sign
Picture: Alamy
Sharelines

The head of Places for People’s development division has left after around four years at the giant landlord, to join an East of England house builder #UKhousing

Jon Cook, who joined Places for People in July 2020, has taken up the role of group managing director at Peterborough-based Allison Homes.

He announced his appointment on LinkedIn last week.

Mr Cook initially joined Places for People as its operations director, but after two years took up the role of chief executive for developments.

Prior to taking a job at the social landlord, Mr Cook spent nearly six years at developer Crest Nicholson.


READ MORE

Landlord-owned investment firm and asset manager team up to build £1bn shared ownership fundLandlord-owned investment firm and asset manager team up to build £1bn shared ownership fund
Places for People appoints new boss for property management armPlaces for People appoints new boss for property management arm
S&P revises Places for People’s outlook to negative due to merger activity and stock investmentS&P revises Places for People’s outlook to negative due to merger activity and stock investment

His new employer, Allison Homes, has been owned by US investment firm PIMCO since 2021.

A number of former high-profile figures sit on Allison Homes’ group board, including Gordon More, the one-time chief investment officer and interim chief executive of Homes England.

Dave Sheridan, the former executive chair of collapsed modular house builder Ilke Homes, is also a non-executive director.

In its last reported full year to the end of September 2023, Allison Homes Group reported a £4.9m pre-tax loss on turnover of £146.2m.

Places for People has promoted Andrew Usher, its group development director, to take over from Mr Cook.

Mr Usher has been at the landlord since May 2023, after joining from Countryside Properties, where he spent around 18 years. Countryside was acquired by rival Vistry in a £1.25bn deal in 2022.

Mr Usher said: “Given the breadth of our organisation, we see at first-hand the terrible impact the housing crisis is having across the UK.

“We are well placed to be a key part of the solution to this, and I’m fired up to be leading a team of passionate professionals who know we have an important role to play.”

Places for People owns and manages around 245,000 properties.

This week, it was announced that Thriving Investments, a subsidiary of Places for People, had teamed up with asset manager Gresham House with an aim to build up a £1bn shared ownership portfolio in five years.

Sign up for our monthly Housing Moves newsletter

Sign up for our monthly Housing Moves newsletter
Linked InTwitterFacebookeCard
Add New Comment
You must be logged in to comment.
By continuing to browse this site you are agreeing to the use of cookies. Browsing is anonymised until you sign up. Click for more info.
Cookie Settings