HPREF I Konect Investments completed the acquisition of the Kellingley development site of Harworth Group for £54m.

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.