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The Ethical Property Company

What they do

The Ethical Property Company own or manage 22 Centres across the UK providing workspace for a wide range of social change organisations including charities, social enterprises, voluntary and campaign groups

In the last year Ethical Property has supported 1,050 charities, social enterprises, small businesses and other not-for-profits through the provision of office, conference, meeting, event , educational, studio and retail spaces. 89.4% of tenants have stated that being in an Ethical Property Centre had a positive or very positive impact in enabling them to fulfil their strategic objectives.

Ethical Property promotes a more just, equitable, inclusive and sustainable society through the provision of office and retail property and support services to organisations, communities and individuals who share our objectives. We believe in the demonstration and advocacy of our Triple Bottom Line model, which equally values our financial, social and environmental return; and the provision of an ethical investment vehicle for all investors.

The Company also has interests in sister companies in Belgium, Australia, USA and France. It also contributes to The Ethical Property Foundation.

What happened this year

Green House

2017 /2018 was a successful year for Ethical Property. Continuing to prove that it can change the way we all profit from property, socially, environmentally and financially. Opening its flagship centre, The Green House in Bethnal Greenand in Bristol, where the company was founded, it has completed the acquisition of Streamline, which will open in Spring 2019.

Financially, the Full profit for the financial year was £1,245,643, adding 8 pence to the company net asset value per share.

Future plans

A potential location in East London is likely to come to fruition in 2022. This will enable EPC to better support communities in areas where they have either existing demand for space, or limited or no presence. The company is also very aware of the need to continue to invest in its existing Centres and the need to achieve consistency, in terms of the services tenants receive and the fabric of the buildings in which they are based.

Key to growth is the need to raise capital whilst retaining the values the company was founded on.

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