Our Story

CRE formed by friends Ron Persaud, 30+ years in the property sector and Jonathan Bloomer, 30+ years in the financial sector. Formed a JV with a Bristol based family office.

Acquired unconditionally phase 1 of what would become Redcliff Quarter (RQ) in Bristol for residential development. Commenced re-planning the existing office consent.

Acquired 2.3 acres of RQ2 and commenced the planning process to re-plan the site for a predominately residential scheme with hotel and F&B.

Acquired Redcliffe Parade West (RPW), in Bristol, a block of empty, dilapidated buildings with existing office use and commenced planning for a 100% residential scheme, retaining rather than replacing a 1970’s office block behind the Georgian properties.

James Fothergill joins as Development Manager.

Acquired from the Sussex PCC a 1.1 acre cleared site in Worthing, Sussex without planning and commenced discussions with local authority who owned adjacent property.

RQ1 granted planning for 128 apartments and 3 retail units, followed by demolition and archaeological dig.

Planning granted for RPW and construction contract let and development commences.

Acquired the Old Brewery, Southville, Bristol (TOB), for re-development. Existing use, offices, workshops and warehousing.

Demolition of all buildings on RQ2 completed.

RQ1 pre-sold to A2 Dominion. Construction contract let to Galliford Try and development commences.

Luke Mills joins as Project Manager.

RQ2 last remaining two buildings purchased to complete the scheme.

RQ2 Planning permission granted for mixed use scheme including 300+ apartments, 186 bed hotel, 22 storey tower, cafes, restaurants, office and food hall.

Worthing site sold unconditionally to Worthing Council to allow them to continue with their wider redevelopment plans for Union Place.

RPW construction concludes, early sales achieve more than £600 psf. The development wins awards from both the National Housebuilder Magazine and Michelmores for best refurbishment project and is commended in the RICS awards.

RQ2 One of the Cities largest archaeological digs is undertaken.

RQ2 Sale to A2D for another 128 apartments completes and construction contract let to GT.

RQ1 Completes and handed over to A2D.

In a JV with Abri Housing, CRE are selected preferred bidder by Bristol City Council for a vacant site on Bath Road, Bristol. The development will have up to 350 apartments 50% of which will be affordable.

RQ2 Hotel increased via a S73 application by 50 rooms to 236 due to demand from the hotel operator NYX hotels.

The Old Brewery amended planning granted for 107 apartments together with 18,000 sq ft of commercial space. Sale completed to Abri Homes who will develop the apartments. CRE retained to assist with the disposal of the commercial spaces.

CRE ends its involvement with the project and disposes of its interest in Redcliff Quarter MMC LLP to the family office who continue with the project funders with a new business plan.

RQ2 Block A&B, together with 4 large retail units and a new pedestrian street completes.

Poole, CRE negotiated further NMA’s to accommodate new designs and construction procurement utilising MMC, CRE also introduced Homes England as a potential funding partner.

To allow Jonathan Bloomer to focus of his PLC commitments he has agreed to sell his shares to parties introduced by Ron Persaud, the transaction which was completely amicable completed and subsequently Mo Cooke and Will Hammond have joined Ron and Kay as board members. The board thanks Jonathan for his support of efforts on behalf of CRE over the last 8 years.

CRE move into new offices at Queen Charlotte House, 53-55 Queen Charlotte Street, Bristol, BS1 4HQ.