The private equity company will be working with the specialist property developer West Eleven on the project.

The 49,471 sq ft site at 3 Culvert Road, Battersea, has an expected exit date of May 2020 and a target GDV of £42m.

The development will include 39 residential apartments, three floors of commercial space and 16 car spaces in the basement.

The residential units will comprise 31 private flats, alongside eight affordable flats, each with their own balcony space.

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Cogress expects the development to be highly desired by buyers given its proximity to Battersea Park and Chelsea.

“As we move into 2018, investor demand remains high for the best opportunities across London, like this development in Battersea,” said Tal Orly, founder and CEO of Cogress (pictured above).

“Even as uncertainty continues to affect the wider market, our success in raising equity here speaks to the confidence our investors have in our business model and we’re excited to be working with West Eleven for the first time.”