Established in 2019 by property development and investment specialist, Reece Mennie, to help the UK overcome its housing crisis, HJ Collection successfully leverages Permitted Development Rights to transform unloved commercial sites into quality, affordable residential developments.
Since inception, the forward-thinking developer has acquired 15 different sites in tier 2 and 3 towns and cities across the UK and established an impressive Gross Development Value [GDV] in excess of £100 million.
With 6 sites already completed and a further 5 to be finalised this year, HJ Collection has now successfully repaid over £30 million to its growing network of High Net Worth and Sophisticated investors, who have supported the proven developer through asset-backed property investment bonds.
This substantial repayment effectively demonstrates the value of HJ Collection's capability in the market, with investors now realising secure returns of 8 - 10 per cent without the inconveniences of property ownership.
Reece Mennie confirmed: "Over the last 5+ years, HJ Collection has grown into a nationwide property developer with a proven track record in leveraging Permitted Development Rights to create quality but affordable accommodation in sought after locations. Our approach to ethical development not only has a tangible impact on the UK housing market but also delivers above-average asset-backed returns to our growing network of High Net Worth and Sophisticated Investors.
Fulfilling our financial commitments to investors is not just a responsibility - it's a cornerstone of our business and I am incredibly proud to announce the repayment of £30 million as we move into the next phase of our growth journey."
Headquartered in Canary Wharf, London, HJ Collection has recently expanded into the USA to both source and introduce overseas investors to the UK market.
Underpinned by a team of 20 property investment and development specialists, HJ Collection boasts its own turnkey business model, which not only enables the developer to effectively manage the entire development process in-house, from acquisition and financing through to development, refinancing or sale - but also ensures the team can maintain cost control.
For more information, visit: HJ Collection
