Cogress raises £1.6m for mixed-use development

Cogress has secured £1.6m to fund a new mixed-use property development in Finchley, north London.

The project will comprise 5,920 sq ft of commercial space and nine residential units.

The property investment company will be working with London developer Global Acquisitions Group on the project.

The scheme is expected to sell for £6.9m and has a targeted exit date of September 2019.

Cogress’s network of more than 4,000 qualified investors can get involved in the project with a minimum investment of £20,000.

Tal Orly, founder and CEO of Cogress UK, said: “We are constantly striving to diversify our portfolio to bring our growing network of qualified investors the best investment opportunities across London.

“While the wider market endures uncertain times, we must be agile in adapting to investor demand for more affordable development opportunity, like this property in Finchley.”

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