Thursday, January 16, 2014

News: New recruits at Harworth Estates

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Property developer, Harworth Estates, has taken on new staff as it continues to realise the property assets of what was UK Coal.

Based on the Advanced Manufacturing Park (AMP) in Rotherham, Harworth Estates is one of the largest landowners in the UK with access to over 30,000 acres of land.

A new Technical Division has been established that will be responsible for all infrastructure, remediation and building design work on its sites. This new division is expected to play a critical role in bringing forward schemes that have recently gained planning consent, including Prince of Wales and R-evolution.

The planning board at Rotherham Council approved outline plans by Harworth Estates recently for 100,000 sq ft of industrial units on seven acres of land at the AMP, set to provide further high quality business and manufacturing floorspace. The R-evolution development and the AMP is part of the Waverley development in Rotherham, the biggest brownfield site development in South Yorkshire that covers 741 acres, an area bigger than Sheffield city centre.

Peter Henry has been promoted to the position of technical director. He will be responsible for remediation and infrastructure design strategies on all of our sites and the subsequent procurement of construction contracts.

Brendan Carty has been appointed project manager. He will support Peter in remediation design and will ensure the delivery of infrastructure and construction contracts, including those at Rossington (part of the "Gateway to the Sheffield City Region" programme) and North Gawber.

Their appointments follow the recent appointments of Dave Travis as business parks manager, Liz Askam as property manager and gary Owens as estates & development manager.

Recovery plans for Doncaster-based UK Coal were put in place in May 2011 following big losses and a large pension deficit. Following a serious fire at one of its mines, administrators were called in to save the mining division, with the remaining focus of the new company targeting the realisation of its property assets through the Harworth Estates Property Group Limited.

Harworth Estates has performed well and achieved a profit for the first half of 2013 of £1.4m. The net asset value of the group, which is currently being revalued, was estimated to be £221.7m.

Harworth Estates website

Images: Harworth Estates

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