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Housing Today
Trusted media brand of the Chartered Institute of Housing
London Square sees profit double
Revenue soars as capital-focused developer benefits from growth in rented and affordable housing schemes
Profit at developer London Square more than doubled in the year to March as the firm reaped the benefits from its ventures into build to rent and partnerships housing.
The London-focused business, set up by former Barratt directors Mark Pain and Adam Lawrence in 2010, reported pre-tax profit of £22m, up 139% on the £9.2m reported the previous year.
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