Morgan Ashley is a development partner, managing design, build and financing of modern affordable purpose-built housing and care environments. Morgan Ashley supports and works in partnership with leading and specialist Registered Providers and care providers’.
At the end of 2017 Ashley House plc and Morgan Sindall Investments Limited (MSIL) launched a 50:50 joint venture Morgan Ashley Care Developments LLP, trading as ‘Morgan Ashley’, to develop extra care and supported living housing. Morgan Ashley has been set up to respond to the undersupply of purpose built extra care and supported living for elderly and vulnerable people. The new business will work with Ashley House and MSIL’s existing partners to deliver a significant number of projects across the country.
Ashley House plc is a leading Housing and Health Property Partner delivering cost effective solutions through enduring partnerships and proven expertise. The Company has over 25 years’ experience providing innovative approaches in the resourcing, funding, design and development of flexible and efficient social and community health, care and supported living environments ranging from refurbishments to highly complicated multi tenanted sites. Ashley House listed on AIM in 2007 and is a founding member of the Social Stock Exchange. Founded in 1991, Ashley House holds Investor in People status and is accredited under ISO 9001 and 14001 recognising the quality management and environmental management systems of the group.
Morgan Sindall Investments Limited (‘MSIL’) is a wholly owned subsidiary of Morgan Sindall Group plc, the construction and regeneration group. The group has revenue of c£2.8 billion and operates through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments. MSIL provides investment, funding, asset management, capital transaction advice and project management on projects throughout the UK. Subject to normal value for money measures, the Morgan Sindall group will be able to provide construction, scheme investment and funding to the joint venture. MSIL delivers sustainable development and funding solutions in partnership with both the private and public sectors improving the long-term prospects and well-being of local communities.
The Ashley House group also includes F1 Modular Limited (F1M) a leading off-site construction business. Together with its specialist team, F1M undertakes detailed designs, manufacturing drawings, off-site construction from its in-house factory, transportation, installation / cranage and full-commissioning works. F1M provides high quality buildings for the public and private sectors reducing lead times and providing superior energy performance.
Antony Walters, Chief Executive of Ashley House plc commented:
“We are delighted to be working with Morgan Sindall Investments Limited through our partnership, Morgan Ashley. This is a strategically important joint venture to provide the scale and financial strength Ashley House requires to take advantage of our market leading position in this key and growing market.”