Aussie developer opens first international office in London

Having been active in the London market for almost five years, Australian property developer, Third.i, has now opened its first international head office here, in order to tap into local demand having already built up a £185m pipeline of new build homes in the city, with a further £130m planned following the recent acquisition of Westminster Tower in Lambeth which has been renamed ‘The Doulton’ and launches in September 2023.

As part of its ongoing investment into London’s property market, the 156 sq m office at 22 Albert Embankment - which is located on the river between Lambeth Bridge and Vauxhall station - is strategically situated to enable the firm to build its own UK based team which is being headed up by co-founder, Ron Dadd, who has transferred from Third.i’s base in Sydney.

As part of their ongoing investment into London, Third.i’s new office is also home to the marketing suite of another residential scheme, Graphite Square in Vauxhall, in preparation for its official UK launch later this summer.

Founded in Sydney over twenty years ago, Third.i have become a global leader in property development and investment, collaborating with the world’s leading architects, designers and place makers to create vibrant places for people to live, work and play in - from cradle to grave.

Having successfully delivered over AUD$4bn pipeline of commercial and residential properties in Australia, the firm brought their innovative model and expertise to the London market in 2018 with the acquisition of their flagship scheme, 58-70 York Road in Battersea, followed by Graphite Square in 2020, where over 60 per cent of homes have since sold off market prior to its official UK launch later this year.

“We are very excited to be opening our first international office in London and expand the Third.i presence to the UK,” said Luke Berry, co-founder & director of Third.i. “This is the strategic next step following our growth in Australia. We want to let our buyers know that we are here to stay through not only investing in a full-time office but by relocating some of our Australian team too.”

By Mark Adair – Correspondent, Bdaily

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