The residential property developer — which is headquartered in Birmingham city centre — has a portfolio of 34 new-build and conversion projects with a GDV of more than £400m.
“Prosperity has carefully developed a reputation for bringing profitable pre-built and off-plan property investments to market, with an emphasis on key locations where yield and rental demand is high,” said Joe Billingham, founder and chairman at Prosperity Developments (pictured above, right).
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“The joint capability of both partners will allow us to take advantage of a large pipeline of potential development schemes across the UK and deliver at a bigger scale than ever before.”
Gavin Gleave, chief executive officer and director at F3GROUP (left), added: “Prosperity’s current and promising pipeline of schemes in Birmingham will allow us to offer our full scope of services to a new location and further to build our portfolio.
“Birmingham has great potential in the market, and we look forward to working with Prosperity to deliver this series of new schemes.”