Member Article

HJ Collection returns over £10 million to investors as it executes impressive growth strategy

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.

Since inception, the firm has transformed over 15 unloved commercial buildings into 650+ quality, but affordable residential units, therefore delivering on its vision to help the UK overcome its ongoing housing crisis.

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.

Here, the forward-thinking developer 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 in excess of £100 million, while achieving over 40% growth before the close of the year.

Reece Mennie, Founder and CEO of HJ Collection confirmed: “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, HJ Collection is underpinned by an expert team of property development specialists, who successfully deliver a full in-house solution – from initial acquisition through to development and completion.

In early March, the firm was shortlisted for Small Developer of the Year in the industry renowned RESI Awards 2023.

This was posted in Bdaily's Members' News section by John Stone .