Argent Group PLC
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Creating Places | Property Developers | People and Money | Long-term Thinking | Some Projects | Back Story
Endurance Value
We are property developers.
We undertake the full development process, from assembling sites, obtaining planning permission and financing development, through to building, letting and selling. We get a kick from delivering buildings and improving the urban environment.
More often than not, this means making substantial, long-term commitments, using our own money.
The phased development of Brindleyplace has taken over 10 years. We have spent a similar period taking forward the reclamation of land holdings at Ffos-y-fran, Merthyr Tydfil and the sustainable re-use of former mineral and waste land at Colnbrook, near Heathrow.
Our experience has taught us to approach development and regeneration on a long-term basis.
Our joint venture with the landowners looks to the long-term and establishes a collective ownership structure.
At King's Cross, it has taken over six years to achieve resolutions, by the local planning authorities, to grant planning permission. Perhaps this demonstrates a steely core; a dogged determination to see the job through. Perhaps development is just getting harder.
We already apply similar principles at Brindleyplace, where collective ownership and management have been a key part of sustaining success.
Most of Brindleyplace is now owned by The Brindleyplace Limited Partnership, a £400 million vehicle, conceived and created by us, comprising Argent, BTPS, the Royal Mail Pension Plan and third party (mostly private) investors. Argent retains a stake and manages the development on behalf of all the partnership investors.

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