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TODAY'S OTHER NEWS

HJ Collection returns over £10m to investors and looks to USA

Fast-growing property developer, HJ Collection, has returned over £10 million to its investors after scaling its development portfolio by 40%.

Established in 2019, HJ Collection has quickly carved a credible reputation as a leading property developer with a proven track record in identifying viable development sites in tier 2 and 3 cities across the UK.

The firm has transformed commercial buildings into more than 650 affordable residential units.

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Positive news of HJ Collection’s latest investor returns comes as it announces its expansion into the USA, with the opening of a New York office in the prestigious World Trade Center.

The firm plans to build a team of property development and investment specialists on the other side of the Atlantic, while driving additional investment into the UK market.

As such, HJ Collection is already on track to acquire over 10 additional sites during 2023, expanding its GDV to more than £100 million, while achieving over 40% growth before the end of the year.

Reece Mennie, Founder and CEO of HJ Collection said: “The HJ Collection team have worked incredibly hard over the last 12 months to not only defy the challenges presented by the current economic downturn, but to also ensure that we continue to execute on our growth strategy and deliver the excellent rate of returns promised to our investors.

“Today’s announcement reinforces both our capability and commitment to achieving this and comes at an exciting time for the business, as we expand overseas and work towards our exciting growth objectives for 2023 and beyond.”

Headquartered in Canary Wharf, London,  the firm was shortlisted for Small Developer of the Year in the industry renowned RESI Awards 2023.

For more information, visit: https://www.hjcollection.co.uk

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