The Torsion Group, a Leeds-based real estate company, has announced a joint venture with Khalbros Group and Oliver Cookson’s Family Office to bring to life The Phoenix, a prominent Build to Rent (BTR) development in Yorkshire. This collaboration marks a significant step in enhancing the region’s housing options, particularly for its growing professional population.

The venture has been solidified with Torsion Group successfully selling 50% of the freehold and shares in The Phoenix scheme to Oliver Cookson’s Family Office. The remaining 50% will be jointly held by Torsion Group and Khalbros Group, ensuring a strong partnership driving the project forward.

Oliver Cookson, expressing his enthusiasm for the project, highlighted his personal connection to the North. As a native who launched his latest nutrition venture, Verve, in the region, Cookson views this investment as an opportunity to contribute to local economic growth and provide quality housing. He praised Leeds as an excellent long-term investment location, noting its status as a leading business hub with burgeoning industries and a substantial student population brimming with talent.

This new venture is set to create a dynamic and modern living space in Leeds, catering to the needs of a diverse community of professionals and supporting the city’s ongoing development as a vibrant business and educational centre.