Increased profits by the BRE Group have resulted in increased funding for research by the BRE Trust, it was recently announced.
Profits made by the BRE Group are gift aided to the Trust to fund built environment research and education programmes for public benefit.
This year’s profits of £3.63 million, based on a turnover of £47.2 million, have risen from £3.06 million based on a turnover of £46.6 million in 2010.
BRE Trust expenditure in 2010/11 was £2.92 million, compared to £2.88 million the previous year.
These funds support the three key elements of the Trust’s activities – research, publications and university-based centres of excellence.
“The Trust is placing ever more emphasis on the eventual impact and outcome of the research projects being undertaken,” said BRE Trust chairman Sir Neville Simms.
“To give you just one example, our project – The real cost of poor housing – demonstrated the savings to the NHS that could be made by investing in better and safer housing.
“A number of regions and local authorities are now responding to this, with BRE’s help, by implementing a number of the findings presented in the project’s report.”