Atha Developments is a privately owned family property developing and investments company. Owned by Tom, Jack and Charles Atha, family is at the core of everything we do. The company was founded in 2010 and has since then grown to become one of the largest and leading private property developing companies in Teesside.
Boasting an impressive track record of successfully completing more than 13 projects. Our diverse portfolio encompasses a wide spectrum of real estate, featuring a significant purpose-built student accommodation portfolio comprising 150 apartments, along with commercial office spaces, leisure facilities, including a bar, and opulent residential housing.
In the most recent financial year, Atha Developments reached a remarkable milestone, recording rental income just shy of £1,200,000. Their current portfolio now stands at an impressive value of £14,000,000, reflecting an outstanding profit margin of £6,000,000. This translates to an exceptional Return on Capital Employed (ROCE) of 15%, underscoring Atha Developments' pedigree and expertise in consistently delivering prosperous and sustainable projects. Atha Developments recent performance serves as a testament to their strategic vision and meticulous execution developing property within Teesside and surrounding areas.
Under the umbrella of Atha Developments, Tom and Jack also own and operate a construction company called Atha Construction and a management company called Atha Students. Atha Construction design, manage and build the developments on behalf of Atha Developments. Once the projects are completed then it is over to Atha Students to manage the lettings and general management of the completed developments.
The future is bright, with a pipeline of developments confirmed reaching a GDV of £23,000,000. Atha Developments are going from strength to strength as we look to grow and expand our reach across the UK.