The developer said it is now on track to acquire more than 10 additional sites in 2023.

Its performance in 2022 was underpinned by the completion of a series of commercial acquisitions in Ipswich, Lowestoft, Stafford, and Hanley in November.

HJ Collection now intends to target over 40% growth and a GDV of more than £100m, according to a statement.

•   Hilltop launches real estate funding and management platform
•   Stanhope and Woolgate Exchange Unit Trust get approval for green refurbishment project in London
•   SJ Roberts Homes unveils second phase of 269-home development in Telford

Reece Mennie, founder and CEO at HJ Collection, said: “The team and I have worked incredibly hard over the last four years to not only source, acquire and transform unloved commercial buildings into modern and affordable residential developments, but to also build a reputable and trusted brand in HJ Collection.  

“Despite the challenges both the economy and property market currently face, I believe there is still massive potential for growth during 2023.

“With an exciting pipeline already in place, I can’t wait to see what this next year brings as we continue to firmly cement our position within the sector.”