We are excited to announce that we have entered a new era in our history as we become part of a new parent organisation, The 55 Group. Alongside leading cross-industry businesses including risk, management and compliance software company Sypro, procurement experts, Pagabo and digital-first training platform Tequ, we take the next step in our mission to build a better future for all.

Our new home at 55 Whitefriargate in Hull city centre inspires the name of our new parent organisation, as well as a new chapter in the evolution of the businesses involved in the brand.

The new structure has been implemented to provide a platform for growth and an opportunity for each of the individual business to work together – sharing knowledge, vision and expertise as we move forward.

Gerard Toplass, group chief executive officer at The 55 Group, said: “It’s an exciting time for everyone involved in the restructure as we begin building better together and harnessing the power of a collective strategy. Our mission at The 55 Group is to use technology and innovative thinking to establish a better, faster and greener approach to the built environment and beyond.

“The group has been formed on solid foundations, with each company already excelling in its own unique mission. But as a collective force we are underpinned by values including togetherness, innovation, creativity and results. By joining forces, we can work together to challenge the status quo and introduce new technologies that make people’s lives easier, safer and greener.

“It’s an opportunity for us all to thrive. We’re looking forward to moving into our new home in Hull and to be ensuring flexible working allows all our staff to lead fulfilling personal and professional lives. The new facilities and workspaces blend creative and social environments to suit any task, which will allow us to combine our collective creativity and disruptive thinking that challenges the status quo in order to create a better future and get things done.”

“We believe this new direction will help our staff to access more opportunities and knowledge while being part of an organisation driven by helping create a better future for everyone.”

FRAMEWORK provider Pagabo will be sponsoring the Social Value Pavilion at the first UK Real Estate Investment and Infrastructure Forum (UKREiiF). 

With the generation of social value being more important than ever – and central to the post-pandemic bounce back – Pagabo is committed to delivering positive social impact for individuals, communities, and businesses up and down the country, Pagabo has generated more than £3.5 billion in social value since 2017 and continues to prioritise positive social impact through its range of frameworks. 

Pagabo has established itself as an industry leader in delivering social value by maximising the amount delivered during the procurement process and encouraging clients and suppliers to put social value at the core of their business culture.

Simon Toplass, chief executive officer at Pagabo, said: “The opportunity to be a part of UKREiiF is great from a business point of view, but even more so knowing that we can help supply chains understand the many ways social value can be enabled and to continue important conversations which will make a difference beyond the pavilion we’ll be occupying at the event. We want to showcase innovation in relation to social value and see what else is being done to support growth across supply chains.

“For example, we use Social Profit Calculator to accurately calculate social, economic and environmental impact, and the financial value of that impact, which is something we’re also looking to promote to any sceptics. Most organisations will already be delivering some form of social value through their employment of staff, skills development programmes and through working with local supply chains. The important next step is knowing how to measure these things and how they equate to true benefit for local communities.”

The event aims to enable the UK to Build Back Better by connecting investors, developers, the public sector, funders and end-users. Several key themes will guide conversations throughout the three-day event, including the UK’s net zero target, social value and inclusive growth, the future of real estate, building better communities and a focus on inward investment. 

Keith Griffiths, founder of UKREiiF, said: “There is now real momentum growing behind UKREiiF. Having Pagabo sign up to sponsor the Social Value Pavilion at next May’s inaugural UKREiiF conference is a massive vote of confidence in the event, and I am thrilled that such a brilliant private sector business will be so prominent at UKREiiF.”

Led by property events company Built Environment Networking and supported by some of the biggest UK property and infrastructure companies, the first annual UKREiiF event will be held in Leeds on 17-19 May 2022.