Firm set up by former Wates resi boss eyes £100m turnover in debut year

By Joey Gardiner2021-04-30T05:00:00

Paul Nicholls reemerged last month with Real Construction after leaving contractor last summer

Newly created partnerships housebuilder Real Construction is on course to turn over as much as £100m in its first year of operation, according to its chief executive, former Wates Residential managing director Paul Nicholls.

Nicholls told Building’s sister title Housing Today that the business, formed last month with the purchase of two divisions of Grenfell Tower contractor Rydon, already had a bidding pipeline of £1bn of jobs, mostly for housing associations, local authorities and local housing companies and care home developers.

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