Cala Group

Longtime housebuilding executive Tom Nicholson has been appointed as chief executive officer of Cala Group. Effective December 15, Tom succeeds Kevin Whitaker, who has served as CEO since 2018. Tom will continue to serve on the board in addition to his role as CEO.

Homebuilder Cala Group has appointed Michael Rice as chief financial officer (CFO). Effective from 30 June 2025, Mr Rice joins Cala at a pivotal time as the business embarks on an exciting next chapter under new ownership.

Housebuilder Cala Group has announced today that an agreement has been signed by the global investment firm Sixth Street Partners and Patron Capital, the pan-European institutional investor focused on property-backed investments, to acquire the company from Legal & General Group Plc.

Cala Group has today provided an update following a strong period of land activity and confirmed its intention to continue its site acquisition drive.

Cala Group has pointed to the Conservatives’ controversial mini-budget last autumn for disrupting an overall “excellent” year in 2022 for the housebuilder.

Housebuilder Cala Group has revealed a strong first half of the year, with profit before tax (PBT) in excess of £98 million, a 26% increase on the 2021 half year PBT of £77.6m.