Announced
Completed
Financials
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United Kingdom
Domestic
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Completed
logistics space
Acquisition
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Synopsis
HPREF I Konect Investments, a holding company, completed the acquisition of the Kellingley development site of Harworth Group, a regenerator of land and property for development and investment, for £54m. “The completion of this sale, which is conditional on the receipt of a planning approval, would allow Harworth to accelerate the realisation of value from this site. The sale proceeds will be used to continue the build-out of our other development sites, including our consented industrial sites in Yorkshire, and for expanding our strategic landbank, in-line with our recently announced strategy," Lynda Shillaw, Harworth CEO.
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