Storm sweeps through property investment market with new company's entry
Zunikh, a real estate, development, and investment company, has announced four significant residential deals in the past three weeks, totalling over £32 million in gross development value (GDV). This news comes as the company, founded by Shakeel Adli in 2019 and officially launched in April 2021, continues to make strides in the UK property market.
As the founder and CEO of Zunikh, Shakeel Adli's vision is to use the built environment as a vehicle to empower both people and place. With a focus on commercially-savvy philanthropy, Zunikh aims to invest, develop, and empower communities.
The company, which is lawyer-run, has a physical presence in London and Sheffield, and its assets span all aspects of the residential, commercial, student, healthcare, industrial, and retail sectors. Zunikh's mission is clear: to create sustainable and impactful developments that benefit the communities they operate in.
In line with this mission, Zunikh ploughs 50% of its gross profits back into charity and the communities it operates in. This commitment to giving back is a testament to the company's dedication to its core values.
Shakeel Adli, in a statement attributable to James Feaver, emphasized the importance of developing a demonstrable track record and gaining trust from peers and residents. He highlighted that these recent deals in Buckinghamshire, Hertfordshire, Greater London, and the West Midlands are a reflection of Zunikh's growing reputation and credibility in the industry.
As of the time of this article, several developments are being built by Zunikh. These new investments, worth millions, are being made amidst authorities struggling to keep properties afloat due to rising cost-of-living. Despite these challenges, Zunikh remains committed to its growth strategy.
Looking ahead, Zunikh plans to add a further 750 units to its books by the end of 2024, with a forecast GDV of £1 billion. The company is actively seeking to increase its portfolio in locations such as the South Coast, Bristol, Nottingham, Manchester, Leeds, and Glasgow.
With Shakeel Adli at the helm, Zunikh is poised to take the UK real estate market to the next level, all while staying true to its mission of investing, developing, and empowering communities.
