Harworth positions for growth with new appointment

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PROPERTY regeneration company Harworth Estates has hired a senior executive as part of its plans to cash in on the growing demand for land.

The company has announced the appointment of Ian Ball to the newly created role of director, asset management. Mr Ball, who joins Harworth on September 1, will be given responsibility for managing all income generating assets within the business. He will also have the job of growing the company’s income through acquisitions and the development of Harworth’s existing estate. Mr Ball is a chartered surveyor by background, who has worked for a number of European Real Estate funds in London. He has spent the last eight years in the real estate banking sector in the north of England. He was previously a relationship director at Barclays Bank.

Owen Michaelson, the chief executive of Harworth Estates, said: “With steady economic growth fuelling a rise in confidence in the Northern and Midlands property market, we are increasing the capacity within our business to capture more of these opportunities.”

Originally formed to manage the land and assets of UK Coal, Harworth is now an independent company, in which Coalfield Resources holds a 25 per cent shareholding.

Harworth owns and manages around 30,000 acres of land across around 200 sites, ranging from residential development land to commercial properties, agricultural estates and low-carbon energy schemes.