Housebuilder Cala Homes has bought a prime residential development site with a GDV in excess of £50m in Ascot, Berkshire.
The 7.5-acre greenfield site is located south of Ascot High Street and offers significant residential development potential.
Cala Homes said the design of the development would prioritise sustainability and green landscaping, enhancing the area’s natural beauty while providing modern living spaces.
Freddie Webber, land director at Cala Homes (Thames), said: “Cala already has a strong presence in Berkshire, and we’re delighted to secure such an exceptional site in a prime location. This is an area we know well, and we look forward to engaging with the local authority and community on our plans to deliver a sustainable and sensitively designed development, which supports Ascot’s ambitions. Our team is keen to build on this success and are actively looking for similar high quality investment opportunities in Berkshire, Surrey, Hampshire and Dorset.”
Tim Traynor, a partner in the residential development land team at Knight Frank, which acted on behalf of the private vendor, added: “This commitment from Cala Homes in the centre of Ascot represents a significant milestone in the area’s rejuvenation plans and will undoubtedly contribute to the transformation of the community. We look forward to witnessing the positive impact of this development on Ascot once built.”
