Aitch Group will invest up to €117.8m (£100m) in land acquisitions across London and the South East of England by the end of 2022 as it eyes further growth in student accommodation, BTR and Retirement Living sectors of the property market. The company will focus its future acquisitions on sites either without planning permission or on sites with an existing consent that can be optimised or replanned for Residential, Student Accommodation, Build to Rent or Retirement Living.
The Aitch Group team is also expanding as the business continues to grow its development portfolio with the appointment of Christopher Chapman as new Senior Land Manager, Phoebe Juggins as Senior Planning Manager and Kenji Holdsworth as Planning Manager.
Stephen Hollyoak, Group Land Director at Aitch Group said: “Despite very challenging economic conditions the business is performing well at the half-year point. Having already committed €77.7m (£66m) to land purchases, we are actively seeking new land opportunities without planning permission across London and the South East and encourage new introductions to help us achieve our goals. In these difficult times landowners and their representatives are looking for well-funded credible purchasers who do exactly what they say they will - we have an exceptional track record of performing in land transactions.”
