Oakdene Homes is a successful residential property development company, consisting of the parent company and its various subsidiaries, the principal of which are Trigrange Ltd and Honeygrove Properties Limited.

The Group's Head Office is a new, purpose built and distinctive building in the centre of Reigate, Surrey.

Oakdene Homes focus on the mid to lower end of the property market, primarily new build of homes individually designed to complement their location and surroundings - "Individual by Design". Despite the individuality, distinction, high quality and specification of Oakdene's new homes, prices compete favourably with the volume housebuilders. Oakdene Homes is always leading the way in design concept and specification.

Trigrange Ltd (renamed Oakdene Estate Management Ltd in 2005) specialise in the restoration and conversion of large period properties into affordable apartment accommodation, and its operations are primarily along the south coast.

Honeygrove Properties only develop properties at the very top end of the market. It specialises in architectural restoration and conversion, but also undertakes new build, all to a very high standard indeed. Honeygrove operate in the market where their products aim to be the very best available. Honeygrove is "Committed to Excellence". Honeygrove has built its reputation in South East England, primarily Kent.

Oakdene Homes acquired Trigrange in 2002, and acquired Honeygrove Properties January 2005.

The Group has in house architectural design and engineering departments, but outsources construction work.

Oakdene Homes has considerable knowledge and experience of property development in the South of England. The Group's preferred area of operation is the house building market in Kent, Sussex, Surrey and the south London Boroughs, within the M25 ring south of London.

Sites acquired for development are assessed against six key appraisal criteria, being:

• Option or conditional contracts
• Development of ten dwellings or more
• In favoured locations
• Good communication links
• Realistic price
• Not less than a profit of 20% on gross sales value

The Group is committed to delivering standards of excellence, to providing a personal service to its customers and upholding traditional values.

Unlike many of the volume housebuilders the Group does not have a standard range of house types from which to choose; instead it takes great pride and care in designing homes specifically to complement their location. Local architectural styles are studied and particular materials researched and selected to ensure that all of the Group's homes are individual and totally sympathetic to their surroundings.

Oakdene Homes build to an exceptionally high standard of finish and specification, and this attention to detail is matched by the diligence and quality of workmanship during construction. Building work is outsourced to experienced and dedicated craftsmen who are continually researching new technologies and procedures to ensure our high standards are consistently maintained.

In December 2005 Oakdene Homes acquired Newhaven Marina, which will become the largest property development project ever seen at this south coast port. It will encompass nearly 20 acres at West Quay and Railway Quay and represents a gross value estimated at £150 million. The full development value will start to be recovered in 2007 and will be finally completed around 2011. This is a significant long term project, which will be in nine phases with the first sale of units beginning March 2007 and the last sales in March 2011. Over that five years, the sale of around 650 units is planned at a combined value of £148 million (an average selling price of £234,000 per unit). Gross profit margins are anticipated to average around 37%. The site will attract local needs, first time buyers, second home buyers, investors and retired people.

Newhaven has been an industrial port and continues to be an important cross-channel port with daily sea ferry crossings to northern France. With its marina, it has gradually become a place for leisure, sporting and recreational pastimes including yachting, boating, fishing, scuba diving and other water related activities. Close to Brighton, Lewes and the Glyndebourne opera, it has many obvious attractions.

Planning permission has been granted for 120 apartments and six shops on 1.5 acres. Oakdene Homes will seek further planning permission for the development of 640 residential units and 70,000 square feet of leisure and recreational facilities as part of plans to retain and enhance the marina, which gives the Newhaven site an important part of its scarcity value. The first phase of building at Newhaven Marina is expected to start in January 2006.

In addition to taking forward the development project at West Quay and Railway Quay Newhaven, Oakdene Homes now owns and operates the Marina itself, which offers a wide range of facilities for yacht owners and around 300 berths accessible in all states of tide.