Repton Property Developments is a company wholly owned by Norfolk County Council. The company is set up to maximise financial returns for the Council to support service delivery, through property development. We aim to meet our target of providing our sole shareholder, Norfolk County Council annual dividend returns. We use extensive local knowledge and in-house expertise to develop existing Council assets such as surplus farmland near existing settlements. We also make use of redundant buildings, such as former schools, turning them in to new, modern homes. The sale of the farmland and redundant buildings to Repton, generates capital for the County Council.
Repton also supports the sympathetic development of local communities and amenities through better design. We create homes which exceed environmental standards through early adoption of new technologies and promote local economic growth through thoughtful supply chain management. Repton is not a stockholder of affordable housing, but we have so far provided an above policy compliant number of homes which are managed by our partner housing associations.
When Repton was formed, the decision was taken to run a lean company which required the use of trusted partners to undertake the bulk of our development work. Following rigorous tendering processes, we chose Lovell Partnerships to develop our initial large sites and Torrington Property Developments to develop our initial smaller sites. We have also undertaken some work with Norse consulting. Richard Utting Associates undertake assurance work on Repton’s behalf and Mills & Reeve are our appointed legal partners. Through these development partners we can manage our complete suite of sub-consultants who bring our schemes to life.