The property investment and development arm of construction business Torsion Group saw pre-tax profit jump to £7.2m from £3.1m last time as the company delivered schemes with a Gross Development Value of £463m.

TDL operates within Torsion Group’s integrated Invest, Develop, Construct and Operate model, alongside sister companies Torsion Construction and LUNA – its PBSA and BTR operational business.

Dan Spencer, Founder and CEO at Torsion Group, said: “Torsion Developments remains firmly focused on the living sectors where we hold deep expertise, in particular PBSA, Build to Rent, Build for Sale and Care & Retirement Living.

“These markets continue to provide robust long-term demand and attractive risk-adjusted returns. Strong occupancy and early stabilisation of our operational schemes through LUNA contributed to profitability, reinforcing the value of our investment strategy.

“Our vertically integrated model ensures transparency, cost control and investor protection at every stage of the project lifecycle.”

David Worsley, Chief Operating Officer of Torsion Group added: “With a strengthened balance sheet, a high-quality pipeline and a proven delivery model, we are well positioned to continue generating long-term stability as well as strong near-term results.”

Ed Wootton, Managing Director at Torsion Developments Limited, said: “Our success is built on the strength of collaboration across Torsion Developments, Torsion Construction and LUNA.

“By combining development, construction and operation, we de-risk schemes, accelerate delivery and maintain accountability. This model is enabling us to scale our competitive advantages into new markets while maintaining the quality that defines Torsion.”