Earlier this month the Clarion Team met with senior management of UK property developer HJCollection. Clarion Director Jason St Pierre and HJC Head of Distribution Luke De Stefano discuss the company’s long term business plan as they visit one of their current commercial to residential property developments in Braintree, Essex.
HJ Collection is a nationwide developer with it’s own professionally developed property portfolio.
The company’s aim is to be as informative, transparent and insightful as possible. To ensure that investors know where they invest but also how they do it. The company provides in-depth analysis on location and build specifications for all of their live projects.
Luke was incredibly knowledgeable and provided a very comprehensive vision of the company’s longer term objectives and how HJ Collection works to serve the demand of providing strong growth to clients in a turbulent market.
The company’s key successes have been in conversion of ex commercial properties to residential apartment accommodations. This has been incredibly profitable for the company and has lead to many successfully completed projects.
Earlier this year HJC along with the development partners Empire Property Concepts completed the development of The Courtyard.
The Courtyard is a brand-new residential development offering modern living in a quiet private gated complex in the centre of the Hertfordshire market town of Bishop’s Stortford.
As the result of a multi-million-pound office conversion scheme, the three-storey property was completely redeveloped. The new development will be a welcome addition to the area, providing 24 luxury one and two-bedroom apartments.
The Courtyard development was purchased at £2.6million with £1.6million of development costs. This provided 24 residential units at a gross development valuation of £6.2million (approximately 33% investment uplift).
In February of this year the company also announced completion of over £5million returned to investors across the company’s portfolio.
The Braintree site is again another commercial conversion to residential units. A tried and tested method for the developer.
On the back of their impressive success the company was recently recognised and shortlisted for The Residential Property Awards in the Best Newcomer category. This is a testiment to their professional care and execution of each and every development under their portfolio.
All in all the visit was very informative and gave the Clarion team a lot of comfort in the company’s abilities. The management team and board have a vast experience in the market and have made their mark.
For more pictures of the Braintree site visit see the gallery below.
