XP Property, under the leadership of Ben Richards and Jack Jiggens, is rapidly becoming a force to reckon with in the UK real estate market. With their innovative strategies and extensive portfolio, they are setting new standards in property development.
In just a few years, they have managed to handle over £80 million in real estate transactions. This achievement includes raising £14 million in equity and securing £40 million in debt funding. Their success is not only defined by numbers but also by the variety of ventures they manage, from social housing to architectural designs.
Introduction to XP Property
XP Property, led by Ben Richards and Jack Jiggens, has disrupted the UK real estate space with their innovative strategies. Since its inception, XP Property has engaged in numerous high-yield development projects and expanded into various related business ventures. The unique blend of expertise from Richards and Jiggens has crafted an ecosystem of thriving businesses.
Vast Real Estate Transactions
Between 2018 and 2024, XP Property was involved in over £80 million worth of real estate transactions. They raised £14 million in equity and secured over £40 million in debt funding. With such substantial figures, XP Property aims to maintain a property development pipeline of £50 million at any given time, signalling an attractive opportunity for potential investors.
Experienced Founders
Ben Richards and Jack Jiggens offer a distinct advantage due to their professional property backgrounds. Richards has a Masters in Architectural Engineering and experience as a technical manager. Meanwhile, Jiggens, a third-generation property developer, has hands-on experience and project management skills. This expertise aligns with their award-winning projects, including the Property Deal of the Year at the 2022 Property Investor Awards.
Diverse Investment Partners
Richards and Jiggens work alongside various investment partners, including banking specialists, entrepreneurs, and fund managers. By leveraging equity and debt-based deals, XP Property maximises profits for their clients. Their professional experience and network provide a robust platform for joint ventures.
Complementary Enterprises
XP Property isn’t the duo’s only project. They manage several complementary businesses, all of which contribute to their success in the property market. One notable enterprise is Oparo Social, which handles a £20 million-plus social housing portfolio, ensuring stable income through the Universal Credit system.
Another key enterprise is AURA Architecture & Interiors, a multi-award-winning design company. With over 15 architects and designers, it specialises in high-end architecture and interior design in London. Their work enhances both the aesthetics and functionality of homes, adding significant value to the properties.
XP Surveys is another noteworthy venture, providing precise property and land measurements. This company streamlines development processes with its unique algorithm-based quoting tool. By modernising an otherwise outdated industry, XP Surveys significantly aids investment decisions.
Innovative Housing Solutions
Central Suites is a forward-thinking co-living business managed by Richards and Jiggens. Focusing on luxury house shares in Oxfordshire, this company ensures all assets delivered by XP Property are expertly managed, thus maintaining their value and appeal.
The rapid growth of these businesses wouldn’t have been possible without the dedicated team working behind the scenes. With more than 30 employees and the guidance of experienced non-executive directors and board advisors, XP Property continues to expand its reach and success.
Case Study: Abingdon Flats
XP Property’s investment acumen is exemplified by the development of a block of 14 flats in Abingdon. Initially purchased for £1.5 million, the property underwent £450,000 worth of renovations. These strategic improvements boosted its value to £3.45 million, yielding a return of over 200 per cent on the original equity within three years.
Ben Richards commented, “The Abingdon project highlights our expertise in maximising property value and investor returns through strategic development and management.” This approach serves as a blueprint for their future ventures, combining innovation, optimisation, and design excellence.
Exponential Growth and Expertise
As they continue to grow, Richards and Jiggens focus on expanding their portfolio across residential and commercial sectors. Their integrated business model blends property development with other ventures, strengthening their market position while enhancing speed and quality control.
Jiggens explained, “Our model provides our investors with diversified and robust opportunities by combining property development with our other ventures.” This synergy not only boosts profitability but also ensures a comprehensive approach to each project.
Investor Opportunities
Investors seeking dynamic and reliable platforms in the UK property market will find XP Property and its sister companies attractive. By enhancing profitability and ensuring a well-rounded approach through their business synergy, XP Property positions itself as a compelling option for individual and institutional investors.
Richards and Jiggens’s journey showcases a blend of strategic development, innovative solutions, and proven expertise. With their continued focus on growth and excellence, XP Property remains a significant player in the UK real estate market.
XP Property has cemented its position as a pivotal player in the UK real estate market. By blending innovative solutions, expert management, and a diversified portfolio, they have set new benchmarks in property development. Richards and Jiggens’s strategic vision and execution highlight their unique approach, ensuring long-term success.
With continued focus on growth and excellence, XP Property demonstrates how forward-thinking strategies and strong leadership can transform real estate ventures into lucrative opportunities. The duo’s ability to integrate multiple business ventures seamlessly into their property development model sets them apart from traditional developers, making them a compelling choice for investors.