Harworth Positions for Growth with Key Appointment

Harworth Estates announces the appointment of Ian Ball as Director, Asset Management, a newly created role to spearhead the Company’s efforts to increase its income portfolio.

Ian, who joins Harworth on 1 September 2014, will be given full responsibility for managing all existing and future income generating assets within the business, together with responsibility for overseeing the growth of the income portfolio through a combination of both new acquisitions and the ongoing development of Harworth’s existing estate. He will be working closely with both Campbell Carruth (Director of Business Space) and Eddie Peat (Director of Natural Resources) in effectively positioning Harworth for this income growth.

Ian is a Chartered Surveyor by background, having worked for a number of European Real Estate funds in London prior to spending the last eight years in the real estate banking sector in the north of England. He was previously a Relationship Director at Barclays Bank, where he had responsibility for a number of their major northern real estate clients.

Owen Michaelson, Chief Executive of Harworth Estates, said “This is an important appointment for the Company. Ian is a highly experienced and talented individual and with steady economic growth fuelling a rise in confidence in the Northern and Midlands property market, we are increasing the capacity within our business to capture more of these opportunities and to be in a position to turn demand for property and land into long-term sustainable income.”

Harworth has grown its core workforce by over a quarter in the past 12 months as confidence has returned to the Northern and Midlands property market. Its assets were valued at £279 million as at December 2013, compared with £260 million in December 2012.

2014 has seen the Company move forward with a number of developments of economic significance, including Logistics North in Bolton – the UK’s sixth largest industrial scheme with live planning permission.