Landwood Group, North West-based experts in property, plant and machinery and business assets, has won an instruction from Harworth Group to manage its business space portfolio.
Based in Rotherham, South Yorkshire, Harworth Group is one of the largest land and property regeneration companies in the UK, owning and managing 16,000 acres on 100 sites across the Midlands and North of England.
The instruction sees Landwood Group’s Commercial Asset Management division manage Harworth Group sites, comprising a portfolio of 21 industrial assets across the country.
The group has taken over the mandate from real estate consultancy Lambert Smith Hampton.
Since winning the instruction, the asset management division has already undertaken work in property management and facilities management on a number of small lettings on the multi-let estates. The rent collection statistics have been consistently high with collection rates around the 95% mark for the last few quarters.
Anna Main, Director and Head of Commercial Asset Management at Landwood, said: “We are thrilled to have been instructed by a client as high profile as Harworth Group to carry out work across its estates.
“We have built a reputation for not just managing the assets in our portfolio but truly maximising the value of them. A real highlight of the instruction has already been seeing the change in the presentation of the sites and receiving positive feedback from occupiers on improvements made on site.
“We look very much forward to supporting and working alongside Harworth Group for the foreseeable future.”
The Harworth Group is the latest in a string of high-profile instructions Landwood Group’s commercial asset management has won over the past year, alongside experiencing rapid growth.
Headquartered in Manchester, Landwood Group has seen turnover increase 70% over the past year, with strong financial performance in all four of its service lines.