The latest news about our developments and deals

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Harworth Grows Income Portfolio with Acquisition & Makes Further Non-Core Land Sales

The Company has acquired the facility, sat on 0.5 acres of land in an established commercial area south of Newport Town Centre, for £495,000 plus acquisition costs. It is already let to UK Capacity Reserve Ltd (Sembcorp Energy UK Ltd) on a lease expiring in 2041 and at a rent equivalent to a net initial […]

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Harworth Makes Further Land Sale at Logistics North as it Nears Completion of Development

The Company has sold Plot C1, a 2.2 acre plot at the development’s entrance, to A&F Forecourts Ltd (“A&F”), at a price above book value. This is A&F’s second deal with Harworth at Logistics North, following the business’ acquisition of the nearby 0.73 acre Plot A4 in December 2019. A&F has planning permission from Bolton […]

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Multifuel Energy Limited 2 Completes Purchase of Skelton Grange Multifuel Waste-to-Energy Site

Multifuel Energy Limited 2 (MEL2), the 50:50 joint venture between Wheelabrator Technologies and SSE Thermal recently completed the purchase of 19.5 acres of land at the Skelton Grange site in Leeds, marking an important next step in the development of the Skelton Grange Multifuel waste-to-energy project. Construction of the proposed waste-to-energy facility is expected to […]

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Harworth Grows & Refines Income Portfolio

Harworth has purchased a 253,352 sq. ft industrial unit across 12.1 acres in Sherburn-in-Elmet, close to its existing Sherburn Rail Freight Terminal and Kellingley sites, for £9.2 million. An existing 10.5-year lease is in place with Esterform Packaging Limited, a leading independent converter of PET (Polyethylene Terephthalate), which provides a net initial yield of 7.0% […]

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Aire Valley Land LLP Completes Major Land Sale With PLP at Gateway 45 Leeds

The site has been acquired by PLP’s flagship investment vehicle, the PLP UK Logistics Venture (UKLV), which is owned by majority investor Ivanhoé Cambridge alongside PLP. PLP has completed the deal following the receipt of reserved matters from Leeds City Council for 855,000 sq. ft of industrial & distribution space across four units. Work will […]

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