Wednesday 30th April
Pinnacle Group secured over 30 new contracts over the last financial year (April 24- March 25), marking £70 million in total contract value.
The achievement is part of a series of milestones that have seen the company expand its reach to new locations and increase its housing management portfolio by over 3,000 homes, bringing the total to over 74,000 homes nationwide.
These accomplishments came as Pinnacle celebrated its 30th anniversary, marking three decades as a provider of housing and community-facing neighbourhood services to 26,000+ delivery sites and over 230 workplaces.
Pinnacle’s new contracts included delivery partnerships with leading investors in affordable housing, such as Octopus-backed NewArch Homes, Pears-funded MTD Housing, and Nuveen-backed Preferred Homes Ltd.
The company also expanded its collaborations with investors such as L&G Affordable Homes, more than doubling the number of homes it manages for them, as well as securing significant housing management contracts with prominent organisations such as Manchester City Council, Birmingham City Council, and CBRE Investment Management.
The company also expanded its collaborations with investors such as L&G Affordable Homes, more than doubling the number of homes it manages for them, as well as securing significant housing management contracts with prominent organisations such as Manchester City Council, Birmingham City Council, and CBRE Investment Management.
Additionally, Pinnacle entered into a landmark 50-year contract with infrastructure giant HOCHTIEF to operate over 1,000 student rooms in partnership with Staffordshire University. Pinnacle also expanded its workplace operations for multinational manufacturer JCB and won new contracts worth over £2 million annually with Notting Hill Genesis to provide cleaning, caretaking, window cleaning, and waste services across five London boroughs.
A major highlight of the year was Pinnacle’s new partnership with the Hyde Group. Hyde’s strategic investment in Pinnacle marked a transformative moment for both organisations, enabling them to amplify their impact across the housing and neighbourhood sectors.
Over the last year, Pinnacle’s flagship Meadowship scheme, a partnership with Bromley Council, has successfully supported 127 homeless households into permanent homes, contributing to the alleviation of the ongoing temporary housing crisis. Since its inception, the scheme has helped nearly 400 homeless families find permanent housing.
As well as supporting local government, Pinnacle continues to be a trusted partner of the HM Government, last year supporting over 12,000 armed forces families as they move into MOD accommodation through its multi-million-pound contract with the Defence Infrastructure Organisation. The company has also played a crucial role in the Afghan Relocation and Assistance Policy, successfully assisting 170 Afghan families in transitioning to surplus MOD accommodation.
In addition to these achievements, Pinnacle has handled over 1 million customer calls across its 24/7 contact centres, significantly boosted its market rent and student accommodation portfolios, and achieved market-leading customer satisfaction scores.
