Property firm bolsters Yorkshire arm with new office lease

Land and property specialist Hargreaves Land has opened its first Leeds office in a bid to boost its development activity across Yorkshire, the North West and the Midlands.

The property development division of Hargreaves Services plc has signed a 5-year lease on a 1st floor suite at 14 King Street in the heart of Leeds’s commercial district with landlord, Bruntwood.

The move follows the firm’s creation of its central region earlier this year as part of its continued growth strategy to expand the reach of its UK regional network, including existing teams based in Yorkshire, the North East and Scotland.

David Anderson, group property director at Hargreaves Land, said: “14 King Street is a quality base for our central region and provides the ideal platform for us to expand our pipeline of regional projects.

“We have secured a highly accessible address, within a short walk of City Square and the mainline rail station. Having such a presence in central Leeds will enable us to raise our profile in the area and strengthen relationships with our existing contact base as well as new development partners.

“Expanding our land and property development business and replenishing our development pipeline is a key element of our strategic vision.”

David concluded: “We already benefit from a significant land bank, but we are constantly seeking to enhance our offering through an active acquisition strategy, whether that involves strategic land, joint venture partnerships or other development opportunities”.

Within its central region, Hargreaves Land is currently on site at the 250-hectare (618-acre) Unity regeneration scheme in Doncaster, where it is delivering over 2 million sq ft of prime employment space and over 3,100 new homes, in partnership with Waystone Developments.

Hargreaves Services plc is an AIM-listed business which employs more than 1,500 people and delivers key projects and services in the property and industrial sectors around the world.

The business has over 9,000 acres of land under management and benefits from a £450m development pipeline spread throughout the UK, including planning consent for over 4,600 homes and 4.5 million sq ft of commercial floorspace.

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