Goldman Sachs invest £75m into Chatham project

It’s great to see potential in Kent continuing to grow amongst investors and businesses alike.

The Times recently reported that American Multinational Investment Bank – Goldman Sachs – have announced plans to invest £75m in an offsite house builder.

The funds will be used largely to scale up the business which is working on its first scheme in Chatham, Kent – some 300 new homes built at the disused Kitchener Barracks.

With population growth continuing its upward trend, the population across Kent and Medway is expected to increase by 369,300 people by 2031 (kentlivenews.com) – which is an average of 30,484 people each year.

Thanks to its excellent travel links to central London (28 minutes by train) in 2016, there were 7500 migrants into Kent and Medway from other UK areas – the majority of who come from London.

With such impressive growth predicted, it’s great to see others such as Goldman Sachs investing in the Chatham area – supporting population growth through housing.

X1 Chatham Waters, our first scheme in Kent, is scheduled for completion Q4 2020 and will deliver 199 apartments to the Chatham Docks area – part of Peels £650 regeneration masterplan for the area.

For current investment opportunities still available, get in touch with us today by filling in our contact forms and one of our agents will be in touch.

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