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HJ Collection returns £20m to investors in 2024



HJ Collection has returned £20m to investors so far in 2024, the developer has revealed in its mid-year report.


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.

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.



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