Hargreaves Land is delighted to announce that David Anderson has officially joined the team this week as Group Property Director.
The former Managing Director of Henry Boot Developments Limited has been brought on board to drive forward the development of the company’s extensive land portfolio.
This senior appointment forms a strategic part of the wider Hargreaves group’s repositioning strategy to diversify away from coal and heavy industry into new sectors which provide better long-term prospects.
David will lead Hargreaves Land in unlocking value from its 17,500-acre land bank, which is valued in excess of £50m. The UK-wide land portfolio includes over 50 sites ranging from former coal mines undergoing remediation, through to prime consented sites ready for development.
David commented: “I am very pleased to be joining Hargreaves at such an exciting time for the group’s future as the board looks to develop and grow its property business. There is a fantastic opportunity to create a substantial business within the group and I am delighted to be working with the Hargreaves Land team to help achieve this.”
Hargreaves’ key sites include the 390-acre Blindwells scheme located in East Lothian near Edinburgh, where planning consent has been secured for 1,600 new homes. At Westfield in Fife, Scotland over 1,000 acres have been earmarked for energy, waste recovery and employment uses.
Gordon Banham, chief executive of Hargreaves Services plc said: “I am delighted we have secured the services of David Anderson to spearhead Hargreaves Land. David has an excellent and successful record in the property development sector in the UK and our current land portfolio provides a strong platform from which to create substantial shareholder value.”