REAL ESTATE
WORDS : PAUL FRASER PICTURE : STUART BOULTON
Ambition - Dale Smith , CEO of SDDE Smith Group
NATIONAL AMBITION
SDDE Smith Group ’ s Dale Smith reveals ambitious intentions
A
real estate service provider with Teesside at heart is ready to roll out its offering to the rest of the country after incredible progress in the North-East .
The SDDE Smith Group , which has grown rapidly since the family-run business moved into the property industry full time around five years ago , expects to quadruple turnover this year and double its workforce .
The group has seven different arms , all focused on providing exceptional standards to clients across the real estate sector , while looking to improve relationships between local people and tourism in this area and beyond .
As part of that mission , and as part of a greater group-wide strategy , Sharon Coates has been appointed group people manager and Martha Bona brought in as group people partner .
Dale Smith , CEO of SDDE Smith Group , said : “ We have been looking a lot more at our actual purpose and asking bigger questions of ourselves such as , can we make somewhere a better place to live , work and stay ?
“ We employ just over 200 people across the group . The majority of those are based in the North-East , and the vast majority of those are on Teesside , and in Redcar and Cleveland . We are a very Teesside-focused business .
“ The group turned over £ 6.5m last year and is forecast to turn over £ 25m this year , so we are looking at significant growth for 2022 . We are also likely to double the workforce this year and that is a key driver for us - local employment is high on our agenda .”
Saltburn-based Dale and sister Emily are integral parts of a business which developed into property full-time in 2017 , having originally started after the millennium by their parents , Shaun and Diane , through buy-to-let investing .
Now the SDDE Smith Group boasts a portfolio of property-related firms that can all knit together to provide an “ endto-end solution ” for its clients . As well as its personal investment vehicle Saltburn Estates , there is …
HOST & STAY Host & Stay has grown from having nine properties under management in 2018 to just over 500 holiday homes today . The aim is to take that figure to 1,000 holiday homes this year and to 3,000 by the end of 2023 by expanding across the UK .
GREY-SMITH LEGAL With offices in Skelton and most recently Spennymoor , Grey-Smith Legal mainly focuses on conveyancing , which links well with the other property-related businesses , and it is looking to expand into other areas of law in the months and years ahead .
WOODSMITH CONSTRUCTION WOODSmith will grow the most out of the group ’ s businesses in terms of top line revenue . Having turned over £ 1.2m in its first nine months , it is forecast to turn over £ 8m this year , delivering residential and commercial construction projects for regional and multinational clients .
For further information on any of the SDDE Smith Group ’ s products and services , check out sddesmithgroup . com
STYLED The group ’ s interior design arm was launched under its own brand in early 2021 so is now in its first full year of trading . Styled delivers a lot of holiday home projects , hand-in-hand with WOODSmith if a client requires a full design and build project . Once the project has completed , Host & Stay or Manhatten Property can then work with the client to deliver ongoing management as part of the group ’ s full service .
MANHATTEN PROPERTY This is the group ’ s estate agency brand , delivering sales , letting and management services to residential and commercial property clients . The aim is to provide better housing , with better management and better communities .
COSTAYS This latest venture looks to deliver larger blocks of apartments in urban locations across the UK . CoStays is looking at cities such as Newcastle , Durham , Birmingham and London to provide flexible accommodation for tourists , contractors , corporates and young professionals . Coining the phrase “ Hospitality living ”, CoStays aims to revolutionise the future of hospitality by bridging the gap between hotel , work and home .
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