Mount Anvil reports sharp rise in profit for 2022

Royal Eden Docks, Mount Anvil

London-focused regeneration developer says it has been ‘unaffected’ by build cost rises

London-based regeneration specialist Mount Anvil has reported a sharp rise in profit for the 2022 with the firm stating it was “largely unaffected” by construction cost rises and market uncertainty.

In full year accounts filed at Companies House, Mount Anvil reported a pre-tax profit increase of 59% to £6.3m, on the back of turnover of £245m, itself up 22%. The firm said in the accounts statement the increase in turnover was due to large numbers of sale completions at its 796-home Royal Eden Docks scheme, which it is developing in joint venture with the owner of the Excel exhibition centre.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now