Although the Kitewood Group is primarily focused on property development, an investment subsidiary has been created with the aim of retaining as investments elements of developments (or whole developments) where and when appropriate.
The main purpose for the investment business is to strengthen the Kitewood Group’s corporate covenant by counter balancing the earnings volatility inherent in property development, enhancing net assets, and providing further financial security.
Listed below are a few of Kitewood’s initial investments.
Investment Portfolio
Altira Business Park, Herne Bay, Kent
This is a commercial development of 500,000 sq. ft. where Kitewood has obtained planning permission for B1, B2 & B8 uses. Kitewood aims to attract both freehold and leasehold occupiers to this site over the next 3 years.
One of the first occupiers will be the Driving Standards Agency (DSA) who have agreed to take a long-lease. A DSA motor bike test centre which includes both offices and a driving track is currently under construction.
Southbury Road, Enfield
A mixed development scheme which consists of 123 mixed tenure flats that will be developed for L&Q. Kitewood Investments are retaining two retail units totalling 4,500 sq. ft., which will be let to retail tenants on long leases.
Printers Place, Over Wallop, Hampshire
An exclusive development of 23 homes overlooking farmland situated in The rural Wallops, the development is well placed to enjoy village life and offers direct road and rail links to both Salisbury, Winchester and Southampton.
29 Clapham Park Road, London SW4
A high quality development of eight private 1 and 2 bedroom flats, let on assured short-hold tenancy agreements, located close to Clapham Common Underground station.
Bellflower Mews, Canterbury, Kent
Set around a secluded Italianate garden on the exclusive south side of Canterbury this development of six 2 bedroom mews houses and twelve 2 bedroom apartments benefits from proximity to the Kent County Cricket Ground and is within a few minutes walking distance of the city centre and mainline rail station.
For further information regarding our investments contact: info@kitewood.co.uk
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