Cogress UK has completed its third exit this year, Property Week can reveal, following the £8.1m sale of luxury apartment Eaton Mansions.
The company secured a 23.39% return for investors for the duration of the project, which was 22 months long.
Cogress raised £1.7m of equity for the development of the property in 2016 and secured a 12.87% gross return per annum.
“We’re really pleased to have achieved a double digit return for our investors with the sale of Eaton Mansions despite the slowdown in the luxury property sector,” said Orly.
3 July 2017
6 December 2016
8 November 2016
10 March 2016
5 February 2016