Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Consistent delivery at property group despite weak UK economic growth
    Property

    Consistent delivery at property group despite weak UK economic growth

    August 5, 20253 Mins Read


    Property group Harworth has reported positive operational momentum despite softer residential markets in a trading update for H1 2025.

    The business says it has submitted significant planning applications, which feature 4.9 million sq ft worth of industrial & logistics space (8.1 million sq ft in total), and about 1,200 residential plots.

    In July, applications for a further 1.5 million sq ft of industrial & logistics space and around 2,800 residential plots (total 4,900) were submitted.

    Lynda Shillaw, chief executive, said: “I am very pleased with the sustained operational momentum of the last six months and especially the consistency of delivery against milestones, including accretive acquisitions and a strong pipeline of residential plot sales.

    “The quality of our land bank remains excellent, and we have an encouraging pipeline of potential deals, demonstrated by a strong level of interest across c. 1.2 million sq ft of our industrial & logistics land and property portfolio.

    “Our focus sectors remain in structural undersupply, are aligned to government policy, and are key to stimulating and supporting UK economic growth.

    “The scale and importance of our key sites to regional pipelines and our through-the-cycle business model means that we continue to invest in infrastructure and the creation of serviced plots, having already enabled 2.4 million sq ft with a further 1.1 million sq ft of enabling works and 4.1 million sq ft of infrastructure works underway across 2025.”

    Other highlights for the group during half one include a new strategic partnership with Church Commissioners for England.

    This has seen Harworth conditionally exchange on a new joint venture to deliver a significant mixed-use development in West Yorkshire, with a total site capacity of about 1.2 million sq ft of employment space and around 1,500 residential plots.

    Harworth reports a strong volume of residential plot sales. It completed 649 residential plots, with a further 1,593 residential plots sales conditionally exchanged or going through the legal process.

    However, the group also notes macroeconomic challenges and volatility which it highlighted previously have not abated. It warns these issues – combined with domestic fiscal and policy agendas – are contributing to weak UK economic growth.


    TheBusinessDesk.com is staging a lunch in Sheffield on Thursday 16 October where the special guest speaker will be Lynda Shillaw. It will offer a chance to network with the Sheffield business community and enjoy a two-course lunch at Manahatta, Fountain Precinct. Click here for more details.

    Click here to sign up to receive our new South West business news…



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Nama left with €70m debt as builder Mick Bailey closes UK business – The Irish Times

    Property

    US GDP growth revised up to 3.3% despite weekly jobless claims decline – US News

    Property

    Rachel Reeves warned hiking levies on landlords will ‘hurt tenants’ with increased rents and fewer homes amid fury at ‘Baldrick’ Chancellor’s latest property tax raid

    Property

    Real estate still in growth cycle despite July dip: Knight Frank’s Gulam Zia

    Property

    Nearly half of UK homebuyers are confident with building targets

    Property

    Treasury ‘considering taxing landlords’ rent’ to raise £2bn | Property

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    La fintech Wise prévoit de transférer sa cotation principale de Londres aux États-Unis

    Cryptocurrency

    ETHRANSACTION makes it easy for ordinary people to make profits

    Cryptocurrency

    Tether (USDT) Set to Launch on Aptos Blockchain

    Editors Picks

    les levées de fonds baissent de 35 % en un an

    July 16, 2025

    Silver is the metal of the next few years

    March 2, 2025

    The 9 new heavy metal songs you need to hear this week

    August 1, 2025

    Decode Global Receives Best Forex Fintech Broker Award at BrokersView Abu Dhabi Expo

    October 15, 2024
    What's Hot

    Qonto se laisse séduire par le cloud de S3NS

    April 1, 2025

    Close-up of red-shouldered hawk in Silver Springs

    August 22, 2024

    GIFT City, GTU sign pact to develop specialised courses in fintech | Ahmedabad News

    August 12, 2025
    Our Picks

    Kugan Parapen : «BRP : c’est un coup de massue, mais…»

    June 20, 2025

    Blockchain and the future of digital and crypto currencies

    November 9, 2020

    Yahoo Finance – Stock Market Live, Quotes, Business & Finance News

    February 12, 2025
    Weekly Top

    Romania to hike taxes on cryptocurrency and stock market gains

    August 28, 2025

    Senegal to Boost Agricultural Mechanization with New Tractor Assembly Plant

    August 28, 2025

    Nama left with €70m debt as builder Mick Bailey closes UK business – The Irish Times

    August 28, 2025
    Editor's Pick

    Kazakhstan uses programmable CBDC to pay for railway to China

    July 29, 2024

    Notarial Council alarmed at proposed agricultural land reforms

    August 28, 2025

    à Nice, les noces de la tech et du cinéma

    April 13, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.