Harworth Group has reported strong operational performance in the first half of 2025, despite a sluggish UK economy and challenges in the residential property sector. The company continues to make significant progress towards its long-term strategic goals, with a focus on developing sustainable industrial, logistics, and residential projects.
In the first half of 2025, Harworth made key acquisitions, adding 0.4 million sq ft of industrial space and 2,000 residential plots to its portfolio. This included taking full control of Gateway 45 in Leeds, a strategic site for future development. The company has also advanced its residential sales, completing 649 plots, with another 1,593 in the pipeline.
The company’s industrial and logistics (I&L) portfolio remains robust, with strong demand for 1.2 million sq ft of land and property, despite longer transaction timelines. Harworth’s commitment to developing high-quality sites is evident in its ongoing infrastructure projects, including 4.1 million sq ft of enabling works and infrastructure across 2025.
One of the key developments is Harworth’s new strategic partnership with the Church Commissioners for England to deliver a significant mixed-use project in West Yorkshire. The site will provide 1.2 million sq ft of employment space and 1,500 residential plots.
Despite macroeconomic pressures, Harworth’s land bank continues to grow. With a focus on I&L and residential sectors, the company is set to capitalise on key growth areas supported by government policy. The group is also investing in biodiversity solutions, with the launch of its first registered Biodiversity Gain Site, addressing upcoming legislation on biodiversity net gain.
Harworth remains on track to meet its goal of achieving £1bn in EPRA net disposal value (NDV) by 2027, and £0.9bn in its investment portfolio by 2029.
