Two Midlands-based property specialists Urban Village and Key Land Capital have announced that they are to join forces and form an investment and development business formally.
The two property companies formed ‘Urban Village Capital’ after having worked together previously on several joint ventures. The group will focus on delivering high-quality residential developments across the UK.
Kevin Sharkey, Executive Director at Urban Village Capital, said: “This is a really exciting step forward for Key Land Capital as we start a new era by joining forces with Urban Village to create a company with an enormous amount of experience and expertise across the team.
“The two companies know each other very well, having worked on several joint ventures including office-to-residential conversion Knight’s House and the Old Art School apartments in Sutton Coldfield, and the £15 million Ringway House student accommodation development in Coventry.”
Urban Village Capital will be led both by Kevin and Chief Executive Nick Sellman from offices in the Colmore Business District, in Birmingham city centre, as well as Sutton Coldfield.
Commenting on the venture, Nick said: “Our joint ventures with Key Land Capital have been very successful, so it makes sense for us to combine our knowledge of the market and development expertise as we grow the business, increase our portfolio, and identify new development opportunities.”
Featured Image: (from left) – Kevin Sharkey, Nick Sellman and Jamie Sellman of Urban Village Capital.