Aster Group

Aster Group is a prominent entity in the Real Estate sector, dedicated to addressing the housing crisis by providing a wide array of housing options. Established in 2007, the not-for-dividend business manages substantial assets valued at £2 billion. The organization has ambitious plans to invest an additional £2 billion over the next seven years, targeting the development of 10,400 new homes. For the current financial year (2020/21), Aster forecasts the delivery of 855 new homes, demonstrating a consistent commitment to expanding its housing stock. The company strategically reinvests profits generated from open market sales and shared ownership schemes to fund the development of affordable rented homes, ensuring a sustainable model for social impact.

The group currently owns and maintains over 32,000 homes, providing essential services to approximately 93,000 customers. With an employee range of 1,000-5,000 individuals across 5 locations, Aster Group is a significant employer. The company's operations are supported by a dedicated team, and further insights into their personnel can be found by exploring Meet Aster Group's team. Aster Group's corporate social responsibility initiatives further outline its commitment to community welfare beyond its core housing services, reflecting a holistic approach to its mission.

Aster Group operates within a competitive landscape, with key competitors including Orbit Group, Housing 21, and Home Group. The company's financial performance is robust, with a reported revenue of $2.0B. This financial strength enables its significant investment in new developments and the maintenance of its extensive property portfolio. The company's strategic focus on reinvesting profits underscores its long-termView more...