Crosby Homes

Last updated

Crosby Homes
Industry Housebuilding
Founded1920s
Headquarters Solihull, United Kingdom
ProductsResidential dwellings and apartments
Parent Lend Lease Corporation

Crosby Homes was a major British residential housebuilding business. It was acquired by Lendlease in 2005.

History

Crosby Homes was established in the mid-1920s by James Crosby to build houses in north Cheshire. During the War it turned to civil engineering and contracting but returned to housebuilding in the late 1950s, when it specialised in building executive housing. [1] In 1986, the Crosby family sold out to a management team and in 1989 the company was floated on the London Stock Exchange; at that time the company was predominantly building in north Cheshire and south Lancashire. [1] The housing recession led to a cut in the dividend in 1990 and in 1991 Crosby was acquired by Berkeley Group Holdings. The business was substantially expanded, concentrating on city centre development from Birmingham north to Newcastle. [2] As part of Berkeley's restructuring Crosby was sold on deferred terms to its management in 2003; Lendlease then bought it in 2005 for circa £240 million. [3] Shortly after the takeover the company was renamed Crosby Lend Lease. [4]

Related Research Articles

The Abbey National Building Society was formed in 1944 by the merger of the Abbey Road and the National building societies.

<span class="mw-page-title-main">Lendlease</span> Multinational construction and real estate company headquartered in Australia

Lendlease is a multinational construction and real estate company, headquartered in Barangaroo, New South Wales, Australia.

<span class="mw-page-title-main">George Wimpey</span> British construction firm company

George Wimpey was a British construction firm that typically worked in the civil engineering and housebuilding markets. It was, during the 1970s, the largest homebuilder active in the UK.

<span class="mw-page-title-main">CIT Group</span> American banking and financial services company

CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses, primarily in North America. Under the reporting mark CEFX, it leases locomotives and railroad cars to rail transport and shipping companies in North America. It also operates a direct bank. In January 2022, CIT was acquired by First Citizens BancShares.

<span class="mw-page-title-main">Crest Nicholson</span> Housebuilder in Chertsey, U.K.

Crest Nicholson is a British housebuilding company based in Weybridge, Surrey. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Westbury plc was a British housebuilding company based in Cheltenham, Gloucestershire. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index but was acquired by Persimmon plc in 2005.

<span class="mw-page-title-main">Alfred McAlpine</span> British construction company

Alfred McAlpine plc was a British construction firm headquartered in Hooton, Cheshire. It was listed on the London Stock Exchange until it was acquired by Carillion in 2008.

<span class="mw-page-title-main">Taylor Woodrow</span> Former British construction company

Taylor Woodrow was one of the largest housebuilding and general construction companies in Britain. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until its merger with rival housebuilder George Wimpey to create Taylor Wimpey on 3 July 2007.

<span class="mw-page-title-main">Wilson Bowden</span>

Wilson Bowden plc was a British housebuilding and general construction company headquartered in Coalville in central England.

Bovis may refer to:

<span class="mw-page-title-main">Delfin Limited</span>

Delfin, formerly the Development Finance Company Ltd (DFC) was a business carrying out residential developments. It was acquired by Lendlease in 2001.

Tarmac Group Limited was a British building materials company headquartered in Wolverhampton, United Kingdom. It produced road surfacing and heavy building materials including aggregates, concrete, cement and lime, as well as operating as a road construction and maintenance subcontractor. The company was formerly listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.

Bovis Construction was a major British construction business. A subsidiary of P&O since 1974, it was acquired by Lendlease in 1999.

<span class="mw-page-title-main">Civil & Civic</span> Australian construction company

Civil & Civic was an Australian construction company. Founded in 1951, it was acquired in 1961 by Lend Lease Corporation.

<span class="mw-page-title-main">HFF (commercial real estate)</span> Defunct commercial real estate firm

HFF, Inc. was a provider of capital markets and brokerage services to owners of commercial real estate. In 2019, the company was acquired by JLL.

McLean Homes was a major British housebuilding business. It was bought by a major construction company, Tarmac, in 1972 and the brand ceased to be used in 1996.

Miller Homes Limited is a housebuilder based in the United Kingdom.

<span class="mw-page-title-main">Allity</span>

Allity is an accredited Residential Aged Care Provider founded in March 2013 with 45 locations in Queensland, New South Wales, Victoria and South Australia. The homes offer all levels of permanent and respite care allowing for aging in place as well as providing secure dementia facilities.

<span class="mw-page-title-main">Baulderstone</span> Australian construction company

Baulderstone, formerly Baulderstone Hornibrook, was an Australian construction company.

<span class="mw-page-title-main">Abigroup</span> Australian construction company

Abigroup was an Australian construction company.

References

  1. 1 2 Company Prospectus (1987)
  2. Wellings, Fred: Dictionary of British Housebuilders (2006) Troubador. ISBN   978-0-9552965-0-5.
  3. Crosby Homes chiefs in line for £25m from sale to Lend Lease The Times, 24 June 2005
  4. "Lend Lease confirms Bovis name drop". Construction News. 17 February 2011. Retrieved 28 October 2022.