Barratt Redrow delivers Smart Home infrastructure for Cosmeston
The 576-home net zero development integrates heat pumps, solar PV, batteries, smart controls and grid-flexibility, with performance monitored by GTC and Cardiff University.
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UK residential homebuilder
barrattredrow.co.ukLast updated
In short: Barratt Redrow reported resilient half-year results and announced that CEO David Thomas will retire in 2026, to be succeeded by Dean Banks.
The 576-home net zero development integrates heat pumps, solar PV, batteries, smart controls and grid-flexibility, with performance monitored by GTC and Cardiff University.
Reservation rates improved to 0.64, on track for FY26 completions of 17,200-17,800 homes and profit per consensus. Forward sales rose 11.2%, net cash expected at £550m-£650m.
They will deliver 8,500 homes including 2,000 affordable ones in six walkable villages in East Hertfordshire, boosting economy by £6bn.
The development includes 124 private homes, 67 affordable homes, energy-efficient features, and over £4.5 million investment in local facilities. First homes release from October, residents move in early 2027.
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