Posted on 01st June, 2020

Wavensmere Homes part of £450m city investments behind Derby’s COVID-19 bounce back

By James Bavington

Wavensmere Homes have been featured in an article by East Midland’s Business Link on the planned post-COVID-19 economic bounce-back.

Alongside other developers including Compendium Living and St James Securities Group, Wavensmere Homes form part of the £450 million of redevelopments that will transform Derby and continue to create hundreds of homes, shops, restaurants and offices in the city.

The confidence from all three developers provides Derby with a huge boost after recent news last week that the city’s largest private sector employer, Rolls-Royce is to make thousands of redundancies across its global workforce.

“We still feel extremely confident in Derby as a location, despite the current situation.

We still feel extremely confident in Derby as a location, despite the current situation. We are seeing great take-up from potential purchasers and investors in the current climate, with a number of sales and exchanges closing in the past few weeks. Now that surveyors and agents are back up and running, we see, due to the lack of available stock, this will have a positive impact on city centre housing. These are unprecedented times and quality will shine through. Derby has a strong story and the businesses that underpin its local economy will adapt and persevere.

James Dickens, Managing Director Wavensmere Homes

You can read the full article here.