Rotherham printer invests almost £2m to speed booklet production
Mitie wins ten-year contract to run new prison at York
“We are building 20,000 prison places now that we are keeping the most dangerous offenders behind bars for longer and I look forward to seeing Mitie Care & Custody’s innovative approach in action when HMP Millsike opens next year.”
The building of the prison has already provided offenders with valuable work experience, with prisoners on day release supporting its construction, learning key construction skills, as well as transferable skills such as teamwork, communication and organisation that will help them find jobs at the end of their time in prison. Over £117 million has been invested in the local community through the construction so far, and Mitie Care & Custody will employ over 500 people when the prison is operational. Danny Spencer, MD of Mitie Care & Custody, said: “We are pleased to have been awarded this contract to operate HMP Millsike.With our experience delivering critical public services to support the immigration, justice and care sectors, as well as our expertise in facilities transformation and decarbonisation, we are excited to bring a modern and caring approach to prison management at this innovative new site.”
Yorkshire administrations fall but pressure remains on construction sector
Housebuilder signs deal at South Central Leeds
South Central on Global Avenue has undergone a full renovation programme with the landlord, Merkino Limited focusing on improving amenities and sustainability as part of its investment at the site.
With more than 75,300 sq ft of office accommodation, occupiers are now benefiting from a new gym, shower facilities, business lounge and outdoor meeting space.
Keepmoat has agreed a 10 year deal on a suite within the building.
This latest letting is the third deal to complete following the restoration works, with existing tenants Aon and Inseego already in occupation.
Alex Hailey, Senior Director, CBRE, said: “South Central offers modern, stylish and welcoming sustainable workspace, which minimally impacts the environment – a key driver in occupier demands in the Leeds office market.
“This refurbished office space is appealing to occupiers seeking accommodation that attracts and retains the best talent. It’s in an excellent location on a spacious, leafy green site and has first class transport links, as well as the amenities of the nearby White Rose Shopping Centre.”
Chris Clingo, Interim Regional Managing Director at Keepmoat Yorkshire West, added: “I’m delighted to announce that Keepmoat has invested in a new office space for the Keepmoat Yorkshire West regional division.
“The new space for the team has greater commuter links and amenities nearby, plus it further fuels Keepmoat’s commitment to employees by providing them with a high-end place of work where they can thrive. By taking out a lease at South Central, we mark an exciting start to a new journey in a fantastic new space.”
15 acre Doncaster industrial site sold
Keyland Developments Ltd, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has agreed the sale of a circa 15 acre site in Balby, Doncaster to Total Developments Limited for the creation of a new industrial development.
Unconditional contracts have been exchanged on the site at Woodfield Road in Balby, which is currently allocated for employment use. Subject to planning, the site could accommodate an industrial development with a potential GDV of circa £30m including 233,500 sq ft of accommodation over 5 units. A scheme of this scale would deliver around 95 construction related jobs.
Total Developments are currently on site with works commencing on their Total Park development which sits on adjacent land. Total Park will deliver 5 new units totalling 376,419 sq ft with units ranging from 43,525-128,945 sq ft. The new land acquired from Keyland Developments will form the second phase of development.
Matthew Turnbull, Land & Planning Manager at Keyland Developments Ltd, said: “This land sale ideally complements the development being undertaken at the adjacent site.
“South Yorkshire is in real need of new industrial and logistics accommodation to meet rising demand, and by unlocking this strategic site we are enabling a significant amount of square footage to be delivered to the constrained market. Additionally, development will generate lots of new jobs, during construction and beyond.”
Henry Watson, Partner at M1 Agency, said: ”The acquisition demonstrates our confidence in the South Yorkshire region where units below 150,000 sq ft are at an all-time low. Future supply of this size range states a chronic lack of supply across the region and especially within Doncaster.
“On top of the recent transactions across the region, we are still seeing a strong influx of distribution enquiries for new build space, focussing on strong ESG credentials, which is at the centre of Total Developments’ strategy.
“The proximity to the motorway network has been a key consideration and exemplifies why this is a proven location. The M18 and A1(M) intersection is just 3 miles away, which link to Leeds, Sheffield and Manchester in the North and Nottingham, Birmingham and London in the South.
“In addition, the site is less than 4 miles from iPort Rail, which provides immediate access to the national rail network and all the country’s deep sea ports. This site will provide an expansion of the existing Total Park, where construction is well under way with the first three units ready for occupation in quarter three of 2024.”
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Associate director of investment appointed at Town Centre Securities
Leeds and London based property investment and development company Town Centre Securities PLC (TCS), has appointed Jacob Ziff as associate director of investment. Jacob, who joins from investment brokerage firm Clifton Agency, will focus on creating a strategy for property investment and to assist managing the existing TCS property portfolio.
After graduating from the University of Leeds in 2019, Jacob joined West End based CWM, where he worked in retail agency and lease restructuring, gaining invaluable experience predominantly acting for various occupier clients.
Following his tenure in retail agency, Jacob moved across to Clifton Agency, where he focused on UK-wide commercial real estate capital markets. Last year, Jacob also completed a Master’s degree in Real Estate Investment & Finance and the IPF Diploma at the University of Reading.
Jacob said: “I am honoured to follow in the footsteps of my family by joining TCS. It’s a tremendous opportunity to continue the growth and success of the business and I am eager to leverage my skills and experience to create a new investment strategy and enhance the existing property portfolio.”
Edward Ziff, chairman and Chief Executive of TCS, said: “Together with all my colleagues, we are thrilled to welcome Jacob into the business. He has a strong background in real estate investment and agency, and coupled with his dedication to professional development, I am confident that he will play a key role in managing and enhancing our property portfolio.
“Welcoming Jacob into the business, who joins my oldest son Ben and daughter Charlotte-Daisy, marks the next phase in taking TCS forward. Sixty-five years ago, my father laid the foundation for a business that has since become a stalwart in the property industry. With Jacob’s arrival and his experience, we are confident that he will contribute significantly to the ongoing success of TCS and help shape the future of the company.”