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The Business Magazine July 2024
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Kent’s Vistry Group commits to build 18,000 new homes this year

Vistry Group
10 July 2024

Vistry Group has promised to deliver thousands more homes over the coming year in a new trading update.

The Kent housebuilder completed 7,750 units in total between 1 January and 30 June 2024 – up 8 per cent on the period prior – with adjusted operating profits expected to be up 10 per cent.

It continues to see success following a pivot to a partnerships model, which came as part of a £1.1 billion merger with London’s Countryside Partnerships in late 2022.

Chief executive Greg Fitzgerald said: “The group has delivered a strong performance in the first half which underpins the board’s confidence in its expectations for the full year.

“Our partnerships model is significantly outperforming the broader housebuilding market and we are confident we will deliver over 18,000 completions for the full year and make progress towards our medium-term targets.

“We look forward to working with the new government to address the country’s housing crisis and are extremely well placed to support its ambition of delivering the biggest boost to affordable housing in a generation.”

The group will report its half year results on 5 September 2024.


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Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

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