Harworth Group completed the acquisition of Towngate Business Park for £12.7m.

Harworth Group, a regenerator of land and property for development and investment, completed the acquisition of Towngate Business Park a multi-let industrial estate in Widnes, Cheshire, for £12.7m. "Towngate Business Park is a fantastic addition to our income portfolio, adding recurring income whilst also presenting asset management opportunities to generate future value. The acquisition builds on our ambition to grow our exposure in the North West, where the industrial market continues to see very high levels of occupier demand and extremely limited supply which is resulting in positive rental growth forecasts," Richard Bousfield, Harworth Group Head of Income.