Hill Group launches £300m London land grab

Aaron Morby 1 month ago
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Developer Hill Group has set its sights on the Capital with a £300m land buying drive to boost its housing pipeline.

Andy Hill plans to take HIll Group to a £1bn business by 2025
Andy Hill plans to take HIll Group to a £1bn business by 2025

The group currently has a secured pipeline of over 1,700 homes across several sites within London and has expanded its land team since the start of the year.

The London land drive forms part of the Hill’s 2025 plan to evolve into a £1bn turnover company, delivering over 4,000 homes a year.

Across London, the South East and South West, Hill currently has 6,100 homes under construction and a secured pipeline value of £5.3bn across its private and affordable portfolio.

Andy Hill, chief executive, Hill Group, said: “London’s property market has proven to be very resilient, rebounding quickly after the ease of lock-down, and remains a prime area for investment and development.

“With our successful 20-year track record of building large, residential and regeneration developments across the Capital, we have the extensive experience needed to navigate the current market conditions.

“We are very well capitalised with a robust balance sheet and, while the current supply and demand dynamics persist, we are seeking attractive land opportunities to grow our pipeline yet further.”

Hill currently has 14 active residential developments across London, including the award-winning Fish Island Village, the 580 home canal-side regeneration scheme, rooted in the eclectic and vibrant community of Hackney Wick and Harrow One, a popular, contemporary and stylish collection of 204 apartments, centrally located in Harrow-on-the-Hill.

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