SevenCapital Sets Sights on £1bn London Expansion

Birmingham-based property developer SevenCapital is making a bold move into the London residential market, with plans for a £1bn expansion across three major projects in Kensington, Islington, and the Isle of Dogs.

Subject to planning approval, these developments could deliver 1,000 new homes through a combination of new builds and conversions.

The first of these projects to secure planning consent is 100 Kensington, a £500m residential development featuring 462 apartments. Standing at 29 storeys, it will become the tallest residential tower in the Royal Borough of Kensington & Chelsea. The other two projects—Klein’s Wharf on the Isle of Dogs and the Archway Campus in Islington—are currently in the planning phase, with proposals for 375 and 178 new homes respectively.

SevenCapital, founded in 2009 by chairman Bal Sohal and managing director Damien Siviter, has an extensive £2.1bn portfolio of completed and pipeline projects. The company has played a key role in shaping Birmingham’s residential landscape with developments such as St George’s Urban Village, The Kettleworks, St Martin’s Place, and The Lansdowne. Now, it is turning its attention to London and the Southeast.

For 100 Kensington, SevenCapital is collaborating with real estate investment manager Mark Capital Management. Designed by John McAslan & Partners with detailed plans by Corstorphine & Wright, the scheme will transform a 1.7-hectare site into 462 homes, including 186 affordable units. The development will also feature a 15,000 sq ft leisure facility, a concierge service, 25,000 sq ft of retail and office space, and a podium garden.

Klein’s Wharf, located off Westferry Road and fronting the River Thames, will comprise 375 new homes across three buildings, with 40% designated as affordable housing. The site has a rich industrial heritage, having been home to Fenner’s Oil & Paint Refinery, which operated from 1856 to 1932, supplying fuel and paint for London’s docked ships.

The Archway Campus development is centred on a historic Victorian hospital site in Islington. Previously owned by the NHS and later Middlesex University and University College London, the campus had been vacant for over a decade before SevenCapital acquired it. The company’s plans include restoring key historic buildings while redeveloping the site to provide 178 homes, 51% of which will be affordable. Additionally, the scheme will feature a new student accommodation building with 242 rooms. The masterplan for the site has been designed by Niall McLaughlin Architects.

SevenCapital’s managing director Damien Siviter said:
“SevenCapital is committed to delivering vibrant communities and sustainable schemes that enhance the lives of residents and workers. With our proven expertise in urban regeneration, we are now broadening our operations into London and the Southeast, bringing our track record of high-quality residential and mixed-use developments to the capital.”

Chief operating officer James Moody added:
“Our London expansion is focused on creating outstanding new homes with premium specifications and bespoke designs. Each development is carefully tailored to its location, offering buyers something truly unique. In 2025, we will launch 100 Kensington, our highly anticipated first London development, setting a new benchmark for luxury living in the capital.”

With this ambitious expansion, SevenCapital is positioning itself as a key player in London’s evolving residential market, bringing its expertise in regeneration to some of the city’s most sought-after locations.