The Group has its origins in the early 1960s when the late Ivor Rich created an investment and development company primarily concerned with office, industrial and warehouse properties situated within the Greater London area and South East England. Over the last 20 years many of the older industrial properties have been redeveloped or sold. The portfolio has been refocused on the residential and retail property markets of West London, as well as exploring opportunities in mainland Europe.
A variety of development projects have been successfully completed over the last ten years including the following;
- The 22 acre Acorn Industrial Estate at Crayford, Kent, was partially redeveloped and subsequently disposed of for £18m.
- A business park at Eastbourne, Sussex, was created on a 14 acre greenfield site with individual plots sold to a leading fitness club, a hotel chain and quality automotive dealerships.
- A redundant commercial site in Holland Park, west London, was acquired and redeveloped with the construction of four contemporary townhouses.
- In Greater London, historic Nelson House, a Grade I listed property in Rotherhithe SE16 built in the 1740s and Forrester House, a period building in Bounds Green N11 modernised and extended in the 1990s, were both sold.