The open equity investment firm has set a target exit date of April 2018 for the 16,207 sq ft residential development, which is expected to reach around £7m at sale.
The development is in the heart of Belsize Village and will be carried out by luxury developer Zen Development, who will be partnering with Cogress for a second time.
Tal Orly, Founder and CEO of Cogress, said Zen Development was a highly professional and reliable partner and was pleased to match its projects with its network of investors.
“The project in Belsize Village is the latest addition to our fast-growing portfolio of more than 29 developments ranging from residential to student accommodation to mixed-use properties.
“Our expanding portfolio speaks to the trust our growing network of qualified investors has in us to be open with them about the risks involved and how we can mitigate those risks on their behalf in the investment opportunities presented to them.”
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