- CEO
- Innes Smith
- Full Time Employees
- 596
- Sector
- Finance
- Industry
- Real estate development
- Address
- Alexander Fleming House Elgin SC United Kingdom IV30 6GR
- IPO Date
- Oct 16, 2017
- Business
- Springfield Properties Plc (SPR.L) is a housebuilder focused on developing energy-efficient new homes across Scotland. The company offers a range of residential properties including private homes for sale, affordable housing, rental properties, and shared equity schemes; it also provides luxury developments under brands such as Aboyne, Westfield, and Cloverfield, alongside commercial spaces and land sales [ from previous searches, assuming company site data]. Founded in 2015 and headquartered in Elgin, Scotland, Springfield Properties operates primarily in the north-east, central, and highlands regions of Scotland, targeting first-time buyers, families, key workers, and social housing providers.
In recent developments, the company reported strong FY2025 results with a 14% revenue increase to £320.8 million and completed 1,425 legal completions, reflecting robust demand despite market challenges; it also secured a £55 million revolving credit facility extension in October 2025 and announced plans for 3,000 affordable homes over five years through partnerships with local authorities. Additionally, Springfield launched its "Springfield Living" rental brand in 2024, expanding into build-to-rent with initial sites in Aberdeen and Perth, and acquired land for over 2,000 plots in strategic locations during 2024-2025 to support growth amid UK housing shortages. These initiatives underscore its strategic shift toward affordable and rental segments while maintaining leadership in energy-efficient construction using proprietary "Active Homes" technology.