Zentra Group
Zentra Group plc is a Manchester-based, publicly listed residential property developer and manager serving urban professionals and families in the North of England through its Zentra Living and Zentra Homes brands, generating revenue from property sales, development management fees, and recurring lettings services.
- Company typePublic
- Founded2019
- HeadquartersManchester, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Zentra Group does
Zentra Group plc is a Manchester-headquartered, publicly listed (AQSE: ZNT) residential property developer and property manager focused on the North of England. Founded in 2019 as One Heritage Group and rebranded in October 2024, the company operates through two consumer-facing sub-brands: Zentra Living, targeting urban young professionals with contemporary apartments, and Zentra Homes, serving families and individuals seeking traditional homes. Its portfolio comprises 77 completed residential properties and 92 under development across Manchester, Sheffield, Bolton, Oldham, Stockport, and Eccleshill/West Yorkshire.
The company's business model combines direct residential development, development management for third-party owned schemes (such as the 30% stake in the One Victoria 129-apartment flagship in Manchester), bulk sales of completed units to Registered Housing Providers, and recurring lettings and full property management services to investors and owners. Revenue is generated through three principal streams: (i) one-time property development sales to investors, housing associations, and private buyers, with unit pricing on developments such as One Meadow ranging from £195,000 to £330,000; (ii) development management fees, structured at 2% of total development costs, 15% of net profit on completion, and 1% of external debt funding raised; and (iii) recurring managed services revenue from lettings and property management of 100+ units.
Zentra is led by founder-CEO Jason Upton, with GKU Holdings (UK) Limited holding 53.84% of issued share capital (38,678,333 ordinary shares as of 31 December 2025) and Upton personally holding approximately 14.85%. The company is listed on the Aquis Real Asset Market (ARAM), a dedicated platform for real asset-backed securities, following a 2024 migration from the London Stock Exchange Main Market to AQSE and then to ARAM in July 2025. Operations are supported by external sales agents (WW Estates, William H Brown), construction partners (Torsion Construction for One Victoria), and institutional off-take counterparties including Manningham Housing Association and Arcon Housing Association.
Zentra Group firmographics
Firmographics- Name
- Zentra Group
- Legal name
- Zentra Group Plc
- Website
- https://zentragroup.co.uk
- Company type
- Public
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Zentra Group plc is a Manchester-based, publicly listed residential property developer and manager serving urban professionals and families in the North of England through its Zentra Living and Zentra Homes brands, generating revenue from property sales, development management fees, and recurring lettings services.
- Ownership category
- akta.pro rank
Zentra Group industry classification
Industry- Product category
- Residential Property Development
- NAICS
- Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)
Keywords
Where Zentra Group is headquartered
LocationHeadquarters
- HQ city
- Manchester
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Zentra Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Others
Revenue model
- Property Development Sales: The company generates revenue through developing residential properties (apartments and houses) and selling them to investors, housing associations, and private buyers. Revenue is realized upon disposal of developed or refurbished properties.
- Development Management Fees: Zentra earns development management fees under existing agreements, typically 2% of total development costs payable over the development period, 15% of net profit generated upon completion, and 1% of any external debt funding raised. Additional fees are earned for managing property sales.
- Lettings and Property Management Services: The company provides first-class lettings and full property management services to investors and owners of self-contained apartments, creating recurring service revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | One time/ perpetual license | Residential properties for private sale |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Zentra Group product offering
Product offeringCore offering
Zentra Group plc is a Manchester-based residential property developer and property manager focused on the North of England. The company acquires land and existing buildings, secures planning permission, develops or refurbishes residential units, and disposes of completed apartments and houses to private buyers, investors, and Registered Housing Providers. It also provides first-class lettings and full property management services to investors and owners of completed units.
Product overview
Zentra Group plc operates as a property development and management company with two distinct sub-brands: Zentra Living (delivering contemporary apartments in urban areas for young professionals) and Zentra Homes (building traditional family homes). The company focuses on the residential sector primarily in the North of England, seeking value and maximizing opportunities for investors by developing high-quality apartments in urban centers with high demand from professional tenants, while also providing first-class letting and full management services.
Differentiator
Problem solved
Functional benefit
Brands
- Zentra Living: Contemporary apartments in urban areas catering to professionals seeking vibrant city living
- Zentra Homes
Products and services
- Residential Property Development (Zentra Living and Zentra Homes)
- Lettings and Property Management Services
- Development Management Services
Quantifiable outcome
- 77 completed residential properties and 92 under development
- +2 more outcomes
Companies that use Zentra Group
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Zentra Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Zentra Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Old Mill Street Development (New Islington, Manchester)coreAcquisition of 0.18-acre development site for £1,425,000. Six-storey development planned with 40 residential units (20 one-bedroom, 20 two-bedroom) plus commercial unit. First acquisition under Zentra Living brand.
- Torsion Construction LimitedcorePrincipal contractor for One Victoria development. Construction contract signed for the 129-unit Manchester project.
- Manningham Housing AssociationcoreBulk sale customer purchasing 19 homes at One Meadow for £3.96 million. Subsequently acquired all 24 houses and freehold land for £1,118,625.
- One Victoria Development (Manchester)flagship30% equity stake acquisition for £3 million (£2,999,970 debt and £30 shares). 129 residential apartments and 3 commercial units development. Zentra acts as development manager earning 2% of development costs, 15% of net profit, and 1% of external debt funding.
- Arcon Housing AssociationcoreForward funding deal for County House, Oldham. 42 residential apartments for affordable housing, delivered Q1 2023. Forward funding arrangement executed in Q2 2021.
Scale indicators10 records
Recent moves11 records
Expansion highlights5 records
Zentra Group competitors and assessment
Company assessmentRegional players
- Scarborough Group International: Privately held property and regeneration group with a Northern focus, delivering residential-led mixed-use schemes and master-planned communities. Comparable through regional North-England residential development activity.
- Ask Real Estate: Manchester-headquartered commercial and residential developer focused on North West England city centre regeneration. Comparable regional and product orientation to Zentra's urban Living and Homes brands.
Direct peers
- Henry Boot plc: Sheffield-based property investment and development group with Hallam Land Management and Banner Homes. Comparable through its North-England concentration, mixed-tenure residential focus, and dual development/disposal model.
- Sigma Capital Group: Previously listed PRS/BTR specialist with an asset-light platform model serving institutional investors and developers. Comparable to Zentra's recurring management services component and forward-funding approach to residential delivery.
- Harworth Group plc: UK-listed regeneration and property group specialising in brownfield land promotion and development across the North of England and Midlands. Directly comparable to Zentra's regional, land-led residential development model and listed-equity capital structure.
- Watkin Jones plc: UK-listed residential and student accommodation developer with asset-light development management and forward-funding capability. Relevant peer for the asset-light development management fee model and institutional forward-sale strategy.
- Muse Developments: Privately held, Manchester-based regeneration developer operating across the North of England with mixed-tenure and partnership-based housing delivery. Closely comparable on regional footprint, public-sector partnership orientation, and master-development approach.
Broad incumbents
- Helical plc: UK-listed real estate developer and investment vehicle active in London and major regional cities. Overlapping capability set in development, asset management, and forward funding, though larger and more central-London weighted than Zentra.
- LSL Property Services plc: UK-listed provider of residential property services including estate agency, surveying, and financial services through brands like Your Move and Reeds Rains. Comparable via the lettings/property management arm of Zentra's business model, though much broader in services.
- Palace Capital plc: UK-listed regional office and residential property investor with multi-tenure exposure across the Midlands and North. Broader scale and income-led focus than Zentra but comparable in the regional property investment lens.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Zentra Group social profiles
Digital presenceZentra Group compliance and trust
Trust signalCompliance4 records
Zentra Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zentra Group leadership team
Management profileNumber of profiles
Profiles4 records
Zentra Group subsidiaries and ownership
Company hierarchySubsidiaries2 records
Zentra Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zentra Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zentra Group
What does Zentra Group do?
Zentra Group plc is a Manchester-based residential property developer and property manager focused on the North of England. The company acquires land and existing buildings, secures planning permission, develops or refurbishes residential units, and disposes of completed apartments and houses to private buyers, investors, and Registered Housing Providers. It also provides first-class lettings and full property management services to investors and owners of completed units.
Is Zentra Group a public or private company?
Zentra Group is a public company. It is classified as public and is currently operating.
When was Zentra Group founded?
Zentra Group was founded in 2019. It employs 11 to 50 people.
Where is Zentra Group based?
Zentra Group is headquartered in Manchester, United Kingdom, in the Europe region.
How does Zentra Group make money?
Three revenue lines are on record. Property Development Sales are the primary driver. The others are development Management Fees and lettings and Property Management Services.
Who are Zentra Group's main competitors?
Regional players on record are Scarborough Group International and Ask Real Estate. Direct peers are Henry Boot plc, Sigma Capital Group, Harworth Group plc, Watkin Jones plc and Muse Developments. Broad incumbents are Helical plc, LSL Property Services plc and Palace Capital plc.
Does Zentra Group have an API?
No public API is recorded for Zentra Group.
What industry is Zentra Group in?
Zentra Group's product category is Residential Property Development. Its primary akta.pro industry code is BPAJAAAE, Residential Investment Property Brokerage (SFR/Small Multifamily). Its NAICS code is 531311 and its SIC code is 6531.