Eccleshill

One Heritage Group plc: Full year results for the year ending 30 June 2023

Retrieved on: 
Tuesday, November 7, 2023

One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, is pleased to announce its audited results for the year ended 30 June 2023 (FY 2023).

Key Points: 
  • One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, is pleased to announce its audited results for the year ended 30 June 2023 (FY 2023).
  • Increase in revenue of £13.84m, +792% on the prior year, from £1.75m to £15.59m, driven by 71 sale completions during the period.
  • Impairment was £1.09m in the period, a decrease of £0.01m on the impairment reported in the interim announcement.
  • In May 2023, the Group received its Arla Propertymark accreditation, a nationally recognised code of practice, for its Lettings operation.

One Heritage Group plc: Development Management Agreement update on One Victoria, Manchester

Retrieved on: 
Friday, July 21, 2023

Development Management Agreement update on One Victoria, Manchester

Key Points: 
  • Development Management Agreement update on One Victoria, Manchester
    One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, is pleased to provide an update on its development management agreement (RNS 05 April 2022) with its client, One Heritage Great Ducie Street Limited.
  • The client, One Heritage Great Ducie Street Limited, is a development company subsidiary of One Heritage Property Development Limited (the “Developer”), the Company’s Hong Kong based majority shareholder.
  • The development management agreement relates to a residential development on land located between Great Ducie Street and Mirable Street, Manchester (the “Site” or the “Project”).
  • It is located close to One Heritage Tower, a scheme where the Company also has a development management agreement.

One Heritage Group plc: Trading Update

Retrieved on: 
Monday, July 18, 2022

The Group continues to experience industry-wide challenges including mounting cost pressures in respect of building materials and sub-contractor labour shortages.

Key Points: 
  • The Group continues to experience industry-wide challenges including mounting cost pressures in respect of building materials and sub-contractor labour shortages.
  • Completion of Lincoln House, Bolton is forecasted towards the end of this month and the Group expects to welcome tenants from August.
  • The Group impaired the value of OHC to zero in the financial year end 30 June 2021, following the insolvency of two of its subsidiaries, One Heritage Maintenance Limited and One Heritage Design Limited.
  • As reported in the Interim Report for the six months ended 31 December 2021, the services previously provided by OHC are now being provided by the Group, through One Heritage Property Services Limited and One Heritage Construction Limited.

One Heritage Group plc: Acquisition of Development Land on Victoria Road, Eccleshill, West Yorkshire

Retrieved on: 
Tuesday, July 12, 2022

One Heritage Group plc: Acquisition of Development Land on Victoria Road, Eccleshill, West Yorkshire

Key Points: 
  • One Heritage Group plc: Acquisition of Development Land on Victoria Road, Eccleshill, West Yorkshire
    Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • Acquisition of Development Land on Victoria Road, Eccleshill, West Yorkshire
    One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is pleased to announce that it has completed the acquisition of development land on Victoria Road, Eccleshill, West Yorkshire ("Victoria Road") for 1,000,000.
  • The land on Victoria Road was previously used for industrial purposes and all buildings have been fully demolished.
  • Jason Upton, CEO of One Heritage Group commented: "I am delighted that we have secured this development land in Eccleshill which will be our first new build housing development.