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The property investment and development arm of construction business Torsion Group saw pre-tax profit jump to \u00a37.2m from \u00a33.1m last time as the company delivered schemes with a Gross Development Value of \u00a3463m.<\/p>\n
TDL operates within Torsion Group\u2019s integrated Invest, Develop, Construct and Operate model, alongside sister companies Torsion Construction and LUNA \u2013 its PBSA and BTR operational business.<\/p>\n
Dan Spencer, Founder and CEO at Torsion Group, said: \u201cTorsion 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.<\/p>\n
\u201cThese 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.<\/p>\n
\u201cOur vertically integrated model ensures transparency, cost control and investor protection at every stage of the project lifecycle.\u201d<\/p>\n
David Worsley, Chief Operating Officer of Torsion Group added: \u201cWith 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.\u201d<\/p>\n
Ed Wootton, Managing Director at Torsion Developments Limited, said: \u201cOur success is built on the strength of collaboration across Torsion Developments, Torsion Construction and LUNA.<\/p>\n
\u201cBy 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.\u201d<\/p>\n<\/p><\/div>\n