Skip to main content

Coppergate Capital Partners

Coppergate Capital Partners
Menu

Transactions

White House, Kingswood

Transaction Type

Acquisition, Financial Structuring, Funding & Development of an existing office building into 26 residential apartments.

Investment Category

Equity

Key Risks

Construction, Operation, Occupier Market, Investment Market

Coppergate Value Add

  1. Bring new life into an empty and unused office building and reinvent into fresh high-end residential apartments.

  2. The building allows for high ceiling heights, natural light-filled interiors afforded by the floor to ceiling windows and will be finished to an excellent standard throughout.

  3. The site now benefits from on-site parking, bicycle storage, small terrace gardens for ground floor apartments and Juliet balconies for a selection of the first-floor apartments. Where possible we endeavored to provide each apartment with a home office space to cater for the recent appetite for working from home.

  4. Appointment of main developer and contractor.

  5. Third party senior finance raise.

  6. Exit of operating asset to private ownership.

Acquired

August 2023

Status

Development completed on site by April 2025. We saw slower than expected sales yet still achieved the majority of units sold by August 2026.

The Equity Partner on this deal invested £760,000 and made a settlement agreed exit of £1,134,481 in August 2026. This is a profit of £354,481 giving an IRR of 49.27%, or 16% per annum.