This company, established in 1875 as the City of Aberdeen Land Association, now comprises three businesses: Cala Homes, Cala Properties and Cala Finance which provides funding for residential developers. The group was taken private in 1999 in a £100m buyout backed by Bank of Scotland Corporate and led by executive chairman Geoff Ball. The cornerstone of the Edinburgh business’ strategy lies in its land bank which had a reported value of £1.1 billion in 2006. Sales reached £223.8m in 2007.
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