South Quay

Joint venture with Welsh Development Agency for the regeneration of land at SA1 Swansea.

Land acquired in 2004 subject to planning for £2.74m on behalf of Quest Properties

Proposal was for a scheme comprising 165 apartments and 2,500 sq ft of commercial space.

GDV

Profit

IRR

Completed in

£42m

30%

28%

2008