The Conygar Investment Company PLC (CIC.L) is an AIM-quoted property investment and development group focused primarily on UK property assets. The company engages in property trading, property investment, acquiring property assets with development and investment potential, and investing in companies holding significant property assets; its operating segments include property held for capital appreciation or rental income, development properties under construction for sale, food, beverage and events operations, and other activities. Core offerings encompass a portfolio featuring The Island Quarter (TIQ) in Nottingham, a 36-acre mixed-use development site with completed phases including Winfield Court (693-bed student accommodation operational since June 2024), 1 TIQ (restaurant, events venue with Binks Yard dining and Cleaver & Wake eatery), bioscience buildings, planned student housing expansions, lifestyle hotel, grade A offices, retail units and public realm spaces; additional holdings include the 203-acre Rhosgoch brownfield site on Anglesey designated within the Anglesey Freeport zone for renewables interest. The company targets institutional investors, tenants in student housing, biosciences, hospitality and logistics sectors, with operations centered in the United Kingdom.[web:portfolio]
Founded in 2003 and headquartered at Brock House, 19 Langham Street, London W1W 7NY, Conygar leverages expertise in property management, development and transaction structuring to add value to its assets.
Recent developments include completion of Winfield Court student accommodation on time and budget in June 2024 with 54% occupancy generating £1.5 million net operating income before debt costs; acquisition of the long leasehold interest in the Virgin Active gym at TIQ for £5.9 million at a 10.25% initial yield; submission of a detailed planning application in February 2024 for a 383-bed second-phase student scheme at TIQ, with resolution to grant permission received in December 2024; extension of Barclays development loan for Winfield Court to December 2025 post-year end; drawdown of a £12 million loan from ASK Partners repayable by November 2025 with potential extension; placement of 5 million zero dividend preference shares; sale of land at Rhosgoch in October 2025; sale of Virgin Active gym at TIQ in August 2025; partnership with Rhubarb announced in October 2025; change of registered office in April 2025; and steady revenue growth at 1 TIQ venue, which won a RIBA East Midlands award in May 2024.[web:portfolio][web:results]