The Regeneration Company, Pritchard Group plc, based on Cannock Chase is moving Onward and Upward on all fronts after a restructuring and change of direction.
The Pritchard Group is itself regenerating into a property investment and trading group capable of sustaining a portfolio of commercial and residential properties and completing new development in joint venture partnerships.
Pritchard’s Chairman, Fred Pritchard, together with the new Chief Executive, Charles Tippet, and strong team of professionals are actively implementing the Group’s new strategy.
The first development is already under construction by Bovis Homes at St George’s, Stafford, to create over 350 new homes and apartments, along with the restoration of the existing building at St George’s. The next developments will include Avon Plaza and Lakeside Park in Cannock, both of which are being prepared and evaluated in partnership with substantial property groups.
New banking facilities are in place arranged by Lloyds Banking Group plc – which has been the company’s bank for 40 years – Pritchard Group plc is now on a new platform to move forward. Lloyds Banking Group has assisted at all stages with the banking and financial strategy and cannot be thanked enough by Pritchard Group plc. “This is a true partnership between a property regeneration business acting for greater community benefits and a bank with a long standing desire to help support our future as a local employer,” said Fred Pritchard, Chairman.