The Hyde Group’s chief executive Peter Denton has been confirmed as Homes England’s new chief executive.
The G15 landlord boss will join the government’s housing delivery agency later this year. He will replace Nick Walkey who stood down as Homes England’s chief executive at the end of February.
Prior to Denton’s appointment, Gordon More had postponed his retirement to act as Homes England’s interim chief executive.
Commenting on Denton’s appointment, Homes England’s chair Peter Freeman said: “Peter brings two powerful qualities to Homes England. He has deep experience of real estate banking and investment, including raising funds and managing portfolios across Europe. This will be invaluable in raising additional capital from the private sector to support Homes England’s government funded work.
“Secondly, in leaving a successful career in the commercial sector to join a major housing association, first as CFO and then as CEO, Peter has displayed an enormous personal commitment to marrying financial discipline and social purpose. I have no doubt that he will be an outstanding leader, with his unique skillset helping us build the homes the country needs.”
Denton first joined the Hyde Group as group finance director in 2017 from the global real estate investment management firm Starwood Capital before becoming the housing association’s chief executive in September 2019.
Prior to joining the 50,000-home landlord, Denton worked in a range of strategic leadership and board roles at global real estate, banking and not-for-profit organisations.
Before entering housing Denton previously held real estate investment banking roles at Starwood Capital, BNP Paribas, Barclays, Deutsche Bank, Eurohypo and WestImmo. He remains a non-executive real estate IC member for the global investment company Eurazeo.
In his two years as Hyde’s chief executive, Denton has overseen the establishment of the housing association’s 30-year strategic plan and led Hyde into Evera, a joint venture with fellow East of England housing associations Cross Keys Homes, Longhurst and Flagship Group.
Hyde has also secured a long-term strategic partnership with investment management firm M&G to secure a £500 million pipeline of shared ownership homes and become a founder member of the 300,000-home Greener Futures Partnership.
Denton said: “The government has an ambitious agenda of not just more homes but decent, affordable, safe, energy-efficient ones that sit well in their community and landscape. I cannot wait to help realise that ambition.
“Although it is incredibly hard to leave Hyde, this is the right decision. Heading up Homes England means that I can be instrumental in delivering more and better homes on a national scale.
“I have thoroughly enjoyed my time at Hyde and am incredibly proud of all we have achieved. I shall miss the people here more than I can say, but I know they will carry on the good work and go on to achieve even bigger and better things.”
Alan Collett, Hyde’s outgoing chair, said: “Peter has made a huge impact in his time as chief executive of the Hyde Group. He has been innovative in his approach and driven in his ambition to provide more homes in London and the South East.
“This appointment will give his passion, enthusiasm and talents a national platform and I know that he will make an enormous contribution to delivering more and better homes that the country desperately needs.”
The housing secretary Robert Jenrick MP commented: “I am delighted to welcome Peter Denton as chief executive of Homes England, as part of an important reset for the organisation.
“Together with Peter Freeman he will lead the renewal of Homes England, focussing on levelling-up and regeneration, high quality new housing and infrastructure and supporting small and medium builders to create a more dynamic and competitive housing market.”
Image: Peter Denton, Homes England’s new chief executive. Credit: The Hyde Group.