Cadogan announces strong 2024 results across Chelsea portfolio

Cadogan profits rise amid continued investment in Chelsea estate

Cadogan has reported a 16.6% increase in operating profit, supported by sustained demand across its portfolio and progress on environmental and community goals. Total income rose 11.8% to £241.4m in 2024, up from £216m the previous year. The value of its property portfolio grew 1.3% to £5.7bn. The estate also revealed it invested £211m in acquisitions and development to support its long-term position as a “prime location to live, work and visit”…

Cadogan announces strong 2024 results across Chelsea portfolio

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Cadogan today announces a 16.6% increase in operating profit, underpinned by robust demand across the portfolio and strong progress against environmental and community objectives.  Total income grew 11.8% to £241.4m (2023: £216.0m), while the property portfolio value increased 1.3% to £5.7bn (2023: £5.4bn). …