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HISTORY

HISTORY

Our History

1960s
  • In 1958 the Company was founded by Alan Cherry.
  • Small residential developments in Essex and East London carried out. 
  Some description

 1970s

  • In 1972 the Company was floated on the London Stock Exchange.
  • Residential development operations continued to expand.
  • Strategic land focus commenced.
   Some description

 1980s

  • Work began on our first new community development at Chelmer Village, Chelmsford.
  • Partnerships team established - our involvement in urban renewal and affordable housing began. 
   Some description

 1990s

  • Works began on several new community projects, including the award winning Great Notley Garden Village, Braintree.
  • In 1995 the Five Estates project by the Peckham Partnership, one of the Country's largest regeneration schemes, got underway.
  • In 1996 our regional operation in the North West commences.
  • In 1998, in partnership with Taylor Wimpey, we were selected by English Partnerships to carry out the Greenwich Millennium Village.
   Some description

 2000s

  • In 2005 Copthorn Holdings Ltd, a 50:50 joint venture between the Cherry family and the Bank of  Scotland (part of Lloyds Banking Group) acquired control of Countryside Properties PLC.
  • In 2008 Lloyds Banking Group took majority control, Countryside celebrated its 50th anniversary and Accordia in Cambridge was the first residential scheme to receive the RIBA Stirling Prize.
  Some description

 2010s

  • In 2013 investment funds managed and advised by Oaktree Capital Management make a majority investment into the Company.  Lloyds Banking Group provides a new 5 year committed debt facility.
  • In October 2013 Ian Sutcliffe is appointed as Executive Chairman. 
  • In 2014 Millgate Developments is acquired.
  • In January 2015 David Howell is appointed Non-Executive Chairman and Ian Sutcliffe becomes Group Chief Executive.
  • In August 2015 Rebecca Worthington is appointed Chief Financial Officer. 
  • In February 2016 following a successful initial public offering, Countryside is listed on the London Stock Exchange. 
   Some description