Neo Rakodi has joined South West-based housing association Magna Housing in the newly created Head of Growth role.
Neo brings extensive investment experience in the public and private sectors and will seek out innovative and collaborative funding opportunities to help Magna build more affordable homes across its communities.
He joins a re-structured team led by Sustainability and Investment Director Paul Read. His role will be instrumental in Magna’s ambition to deliver homes with a range of tenures, each creating a positive and sustainable legacy.
Neo’s passion for housing development is rooted in his early career working for local authorities. He then moved to a national property consultancy, where he qualified as a chartered surveyor.
“More recently, I’ve been working with residential developers, concentrating on development management, delivering planning consents and negotiating complex land and build opportunities,” says Neo.
“Magna has timed its land and construction plans well and is ready to continue to play its part locally in this significant work. It's great to see that Magna is ‘open for business’, well-funded and actively seeking new opportunities to deliver sustainable homes – including using unique precision-engineered homes, manufactured in our region for our region.”
Paul Read adds: “We’re thrilled to welcome Neo into this critical role at Magna. He will be working as part of a very able and innovative team, which includes project managers, surveyors and energy experts. His work will have direct impact across the lifecycle of our homes and estates, including land acquisition, planning for new homes, and upgrades to existing homes so they are ready for green energy technologies, and fit to be homes of the future.
“It’s a big brief but Neo brings a great deal of experience to the role and we’re all excited to support him as we deliver great homes together.”
Magna has structured, innovative plans for growth, coupled with a multi-million-pound investment strategy to build new homes and ensure existing homes are fit for a net zero future.
