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IN NUMBERS: Celebrating a decade of Andium Homes

IN NUMBERS: Celebrating a decade of Andium Homes

Tuesday 02 July 2024

IN NUMBERS: Celebrating a decade of Andium Homes

Tuesday 02 July 2024


Jersey’s largest residential developer and landlord is looking back on a journey of "more than bricks and mortar" as it celebrates ten years of "creating places" for islanders.

Andium Homes was incorporated in July 2014 with the key remit of improving the standard of existing housing stock and increasing the supply of new homes.

The wholly States-owned but independent company is currently managing a portfolio of over 4,900 properties, serving more than 10,000 islanders.

Since it was incorporated, Andium has overseen the delivery of 1,000 new homes, the completion of over 300 major refurbishments and the initiation of almost 700 additional properties currently under construction.

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Pictured: Andium Homes was incorporated in July 2014.

It has also sought to improve maintenance standards and regenerate areas of the island with an investment of almost £600 million in new and existing homes.

"I am tremendously proud of our Andium colleagues" 

The CEO of Andium Homes, Ian Gallichan, described the company's history as "more than bricks and mortar".

He said: "It’s been about creating places where families grow, and communities thrive.

"In addition to our rental offering, we are focused on making home ownership a reality for more people in Jersey, addressing the ever-increasing challenges islanders face in finding homes to rent or buy."

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Pictured: Andium Homes CEO Ian Gallichan said the company's history had been about "more than bricks and mortar".

Mr Gallichan continued: "I am tremendously proud of our Andium colleagues past and present, and all they have achieved in the past ten years.

"We extend our gratitude to our clients, colleagues, partners and the Government of Jersey, who have been integral to our success.

"As we step into the next decade, we are committed to innovating our services, enhancing our portfolio, and strengthening our partnerships to meet the evolving needs of islanders.”

"Jersey’s social housing has transformed"

Housing Minister, Deputy Sam Mézec, congratulated Andium on the "landmark anniversary".

He said: "In the last ten years, Jersey’s social housing has transformed beyond recognition in a way which we should all celebrate."

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Pictured: Housing Minister Sam Mézec congratulated Andium Homes on the "landmark anniversary".

Deputy Mézec continued: "By delivering more homes for social rent and sale to first time buyers, they have demonstrated a successful model which we must continue to build on.

"In the coming years, I am committed to supporting Andium to further increase our social housing stock and providing new ways to support Islanders into homeownership.”

"It was quite a journey"

Andrew Green, MBE  who was Housing Minister at the time of Andium's incorporation  said the team had "surpassed all my expectations".

He commented: “I am tremendously proud of everything the team at Andium has achieved in their first ten years."

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Pictured: Andrew Green MBE was Housing Minister when Andium was incorporated ten years ago.

He added: "It was quite a journey to incorporation, but I knew it was the right thing to do to improve our social housing provision in Jersey. 

"What they have achieved has been outstanding.”

IN NUMBERS...

- £270 million return to the Government of Jersey

- £450 million invested in new build and refurbishment programme

- £120 million invested in maintenance

- 1,000 new homes built

- Over 300 major refurbishments

- Almost 700 new homes on site

- Over 400 homes sold to first-time buyers, with up to 25% purchase price deferred until home is next conveyed

- Over 2,300 new bathrooms installed

- Over 2,500 new kitchens installed

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