Property firm relocates to central Newcastle site following estimated £5m turnover news
George F. White (GFW) - a land, business and property company - has recently relocated to Newcastle city centre following huge expansion plans.
The company reports that a projected turnover for 2018 stands at £5m. This relocation should enable the firm to continue expanding business and to focus on its offerings of planning and development, commercial property and energy consultancy.
Richard Garland, partner and head of planning and development as well as being head of the firm’s Tyne and Wear region, is to be predominantly placed here.
He said: “Moving to a city centre location has been a deliberate move for George F. White to put us at the heart of commercial business in the Tyne and Wear region.
“The city centre office allows [our] specialist areas of the group with a more urban slant to continue to grow and diversify. It builds on our heritage of nearly 40 years and team of nearly 120 staff, enabling us to reach out to a wider client base within the city and region.”
The city centre office stands at 1,900 sq ft. The company has hired 11 employees in its North East region in the last six to 12 months, with GFW aiming to expand this by 10 per cent this year. Around 120 work at the business in total.
As a result of GFW’s growing business and reputation, the company is continuing many projects including that of up to 250 houses and several larger sites of 1,400 to 6,000 homes, as well as commercial projects.
The company acts on behalf of both land and business owners, and in partnership with some of the UK’s biggest house builders.
Garland added: “2018 looks set to be a busy but exciting year and recruitment, particularly into our commercial property team is a priority as we continue to grow our presence in Tyne and Wear, like we have elsewhere across the North East region and nationally.”