Cogress Chalk Farm

£4.5m of equity raised for luxury Chalk Farm development



Property investment firm Cogress has secured £4.5m of equity for a luxury, mixed-use development in Chalk Farm, north London.

The development (CGI pictured above) comprises a 27,630 sq ft site at 4-8a Haverstock Hill and 45-47 Crogsland Road which will be used to build part of a four- and part of a five-storey building with 11,367 sq ft of commercial space and 19 flats.

The development – which is expected to last 27 months – marks the fifth partnership between the open equity investment firm and the prestigious luxury home builder Bellis Homes.

The one-, two- and three-bedroom apartments are expected to be in high demand from buyers due to their proximity to the iconic views of Primrose Hill and the vibrant Camden Market. 

The project has a target GDV of £24.65m. 

The development is directly opposite Chalk Farm station, which offers quick and direct access to central London.

With its pioneering proposition that offers access to multi-million-pound property investment opportunities usually reserved for large investors, Cogress enables the 4,000 qualified investors on its network to become involved in the project with a minimum investment of £20,000.

Tal Orly Cogress
Tal Orly, CEO of Cogress
 
“2017 has been a great year for Cogress, as we’ve now invested in more than 40 projects in the UK with a gross development value of over £800m,” said Tal Orly, founder and CEO of Cogress UK.

“The success in equity raised underlines the confidence our investors have in us to find exciting investment opportunities.

“As well, it’s great to be working with Bellis Homes again, who have such a strong track record in delivering upmarket developments in London’s most sought-after locations.”


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