A further £130m is planned following the recent acquisition of Westminster Tower in Lambeth — renamed ‘The Doulton’ — which will launch in September 2023.

The 156 sq m office at 22 Albert Embankment is located on the river between Lambeth Bridge and Vauxhall station, strategically situated to enable the firm to build its own UK-based team, which is being headed up by co-founder, Ron Dadd (pictured above).

The team will be pursuing land and development opportunities throughout Greater London, supporting new development launches and promoting Third.i’s London portfolio to prospective buyers and BTL investors. 

The company’s new office is also home to the marketing suite of another residential scheme Graphite Square in Vauxhall, in preparation for its official UK launch later this summer.

•   Hilltop launches real estate funding and management platform
•   Rising interest rates could see delivery of sub-200,000 units for first time in nearly a decade
•   The Wigley Group sells Crick industrial estate units for £3.2m

This international expansion follows a successful year of sales and growth for the business in the UK and Australia, with Third.i on track to build a £1bn pipeline over the next five years.

Luke Berry, director and co-founder of Third.i, commented: “We are excited to be opening our first international office in London and expand our presence to the UK.

“There are significant opportunities to be had from student accommodation to retirement living, so London is an appealing base to operate from.

“It is important for us to therefore have an office in the area we are focusing on, which is close to both Graphite Square and The Doulton.”

Ron added: “Working with the head of our UK business Gareth Hardy, we identified the opportunity to replicate what we were doing in Australia in London, and the strength of our results to date demonstrates the demand in [the capital] for residences in desirable locations that have a focus on design and architecture.”