Harworth Makes Further Appointments as Part of Growth Plans

Harworth Group plc, a leading regenerator of land and property for development and investment, has made five recent appointments to support the ongoing growth of its business in the North of England and the Midlands.

Harworth has appointed Richard Bousfield as Director – Head of Income, a newly created role with responsibility for growing and managing the company’s £232.3m income-producing portfolio across the UK, including new acquisitions, new pre-let direct developments and selling down its lower yielding assets. He previously ran his own investment and strategic asset company and previously held Board Director positions at Aston Property Ventures and Praxis Real Estate. Richard has also been appointed as a full member of the Investment Committee.

Richard’s team has been further strengthened by the appointment of Andrea Morley who has been appointed as the Associate Director of Business Space. She has been given responsibility for managing Harworth’s £170m Business Space portfolio, managing over 130 tenants across its Business Park sites. Andrea was previously Property Development Manager at Clugston Estates and spent a number of years with Lidl (UK) as their Acquisitions Manager for the North of England and the Midlands.

Harworth’s Midlands Region has completed its management team by recruiting Matt Timmins as its new Project Manager. Matt joins Harworth following three years at St Modwen plc as a Technical Manager. Matt has responsibility for the delivery of key infrastructure works on Harworth’s major developments in the Midlands, including at the former Ironbridge Power Station in Shropshire.

Lisa Brooke has joined Harworth’s Finance function as a Finance Business Partner, with specific responsibility of supporting its three regional development teams. She was previously a Financial Planning Analyst at Close Brothers Motor Finance and also worked as within PwC’s audit function in Yorkshire between 2015 and 2018.

Jane Thomson has joined Harworth’s Communications & Public Affairs team in the newly created role of Partnerships Manager with responsibility for co-ordinating the company’s public funding applications across the UK. She was previously Enterprise Manager at the Canal & River Trust for over a decade, heading up its external investment activities and partnerships in Yorkshire and the North East.

The appointments follow the company’s lenders increase its revolving credit facility limit by £30 million to £130 million, providing both operational flexibility and the ability to take advantage of future suitable land and property opportunities.

“These appointments are a further sign of our operational strength and our desire to take advantage of immediate market opportunities within the North of England and the Midlands. Growing the team also re-emphasises our commitment to the UK’s economic recovery through transforming land and property into sustainable places where people want to live and work. We recognise the challenge for new colleagues joining the team during lockdown and I thank and support the diligence of existing team members who have facilitated the smooth and remote induction of our new colleagues during these challenging times.”

Owen Michaelson, Chief Executive Officer, Harworth Group plc