HJ Collection has returned £20m to investors so far in 2024, the developer has revealed in its mid-year report.
As a result, HJ Collection is on track to grow its pipeline GDV past £100m by the end of year.
Targeting a network of 1,600 HNW investors, the firm was founded in 2019 and has since developed projects with a combined GDV of over £80m.
- HJ Collection expands portfolio with acquisition of £9.8m GDV site in Weybridge
- HJ Collection celebrates record growth after establishing £70m GDV pipeline
This has seen the firm acquire 12 sites in tier two and three towns and cities across the UK — to date, HJ Collection has developed over 650 residential units.
“The UK property sector has undergone significant challenges in recent years, with the aftermath of the COVID-19 pandemic and Brexit, rising mortgage rates and the cost-of-living crisis just a few key examples,” said Reece Mennie, founder and CEO of HJ Collection.
“To achieve this level of growth, return £20m to our investors and establish HJ Collection as a leading, nationwide property developer is a real testament to the hard work, dedication and capability of our team and I couldn’t be prouder.”
Most recently, HJ Collection acquired a 19,655 sq ft commercial site in Weybridge, Surrey with the aim of converting this into 26 residential units.
Leave a comment