Cala Group is searching for more pieces of land to develop around Aberdeen and Aberdeenshire after “encouraging sales” around the north-east.
Following a difficult two years for the region’s property market Cala Homes managing director in the north, Mike Naysmith, said he believes the industry has picked up.
And in response to good sales already this year the firm is now looking for more plots of land, particularly to the south of Aberdeen, to build more homes.
Mr Naysmith said: “We are seeing encouraging interest and sales from the Aberdeen market at present, and this is reflected in our confident land strategy which has seen significant progress in terms of land transactions and planning applications in the region in recent months.
“We are pushing ahead on some very significant projects for Aberdeen, including a landmark new community at Craibstone which will see the creation of 700 homes plus community amenities, the first phase of which is awaiting planning approval.
“Sales have been so strong at our Oldfold Village development in Milltimber, with 45 sales since February 2016, that we lodged a planning application for a second phase at this site earlier than anticipated. In addition, our two new developments in Bridge of Don drew 14 sales off plan before the launch, which is especially encouraging in a recovering market.”
Cala has sold out three developments in Aberdeen since the turn of the year and launched sales at two further sites.
In the last year, the developer has also submitted planning applications for seven new sites, totalling more than 700 homes.
Mr Naysmith added: “To allow us to progress at the pace which we feel the market supports, we are seeking new land opportunities across the region.”
He said the firm has also been able to grow in the last year with the addition of an extra seven members of staff.