Wykeland

What Wykeland does

Wykeland Group Limited is a privately held commercial property developer and regeneration specialist headquartered in Hull, East Yorkshire. Founded in 1970, the company has built a portfolio of nearly two million square feet across Yorkshire, Lincolnshire and the Humber, comprising business parks (Melton West, Bridgehead, Europarc), urban regeneration schemes (Fruit Market, Whitefriargate), retail and leisure destinations (Flemingate, Waterside, Ramsden Shopping Park), the @TheDock tech campus, and mixed-use developments such as Treadmills in Northallerton and Marina Court in Hull. Wykeland develops, owns and operates these assets directly, offering bespoke office, retail, industrial and land-for-design-and-build space to a mix of national retailers, technology and professional services occupiers, and large-scale industrial users including Smith+Nephew, Heron Foods and Metsä Tissue.

The company generates revenue from long-term rental income across its owned portfolio, asset management fees, development margin on new-build and refurbishment projects (including historic restorations such as Burton House and Castle Buildings), and selective asset sales. Its £500m+ development pipeline includes a proposed 3m sq ft Metsä Tissue paper mill in Goole, a £150m retail logistics fulfilment centre at Melton West, and a £25m Moxy hotel in Hull city centre. Wykeland partners with local authorities (Hull City Council, East Riding of Yorkshire Council, Hambleton District Council, Lincoln City Council) on regeneration, accesses public and heritage grants (Historic England, Hull City Council), and uses joint venture structures (notably the former 50/50 Waterside JV with Lincolnshire Co-op) to share capital and expand its letting reach. Its go-to-market is direct-to-occupier, supplemented by regional letting agents such as Scotts Property and PPH Commercial.

Name

Wykeland

Legal name

Wykeland Group Limited

Website

https://wykeland.co.uk

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Wykeland Group is a privately held Hull-based commercial property developer and regeneration specialist, founded in 1970, that develops, owns and manages nearly two million sq ft of offices, retail, industrial and mixed-use space across Yorkshire, Lincolnshire and the Humber, serving national retailers, tech occupiers and large industrial users.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

Keywords

• Commercial property development
• Urban regeneration
• Industrial real estate
• Retail property leasing
• Asset management services

Headquarters

HQ city

Kingston upon Hull

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Commercial property development and investment: Wykeland generates revenue by acquiring, developing, and managing commercial properties including offices, retail, industrial, and leisure spaces. The company develops properties for its own portfolio, sells select assets, and collects rent from tenants across its managed properties.
2. Asset management and rental income: Wykeland owns and operates retail, leisure, and commercial centres, collecting rent from tenants. Revenue is generated through long-term leases with national retailers, independent businesses, and office tenants across its property portfolio.
3. Property portfolio growth: Wykeland continues to expand its property portfolio through acquisitions of city centre assets, such as Elizabeth House in Leeds and sole ownership of Waterside Lincoln, generating long-term rental income and asset value appreciation.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Wykeland acquires, develops, owns, and manages commercial property including business parks, urban regeneration projects, retail and leisure destinations, industrial/logistics facilities, and mixed-use schemes across Yorkshire, the Humber, and Lincolnshire. The company creates bespoke business space for office, retail, and industrial occupiers and manages nearly two million square feet of property with a £500 million-plus development pipeline.

Product overview

Wykeland is a Yorkshire-based commercial property developer and investment company with over 50 years of experience. The company operates a diversified portfolio of property developments across Yorkshire, Lincolnshire, and the Humber region, including business parks (Bridgehead, Europarc, Melton West), urban regeneration projects (Fruit Market, Whitefriargate), retail and leisure destinations (Flemingate, Waterside, Ramsden Shopping Park), mixed-use schemes (Treadmills, Marina Court), and commercial office space. The portfolio spans approximately two million square feet of property. Wykeland develops, owns, and operates these properties, offering commercial office space, retail space, industrial space, and land for design and build. Key developments include the @TheDock tech campus, the Melton West retail logistics fulfilment centre, and the proposed Metsä Tissue paper mill. The company also acquired the Elizabeth House office building in Leeds and has taken sole ownership of the Waterside centre in Lincoln.

Differentiator

Problem solved

Functional benefit

Products and services

• @TheDock A tech campus and urban regeneration project in Hull's Fruit Market area providing Grade A office space for technology and digital businesses.
• Bridgehead A business park in Hessle offering commercial office, R&D, and light industrial space with sustainable design.
• Europarc A business park in Grimsby offering industrial and commercial space.
• Flemingate A retail and leisure destination in Beverley, East Yorkshire, featuring national retailers and independent businesses.
• Fruit Market An urban village transformation project in Hull waterfront area creating a mixed-use destination with residential, commercial, and cultural spaces.
• Melton West Business Park A major business park west of Hull offering industrial, logistics, and commercial space including a planned £150m retail logistics fulfilment centre.
• Ramsden Shopping Park A retail shopping park in Grimsby.
• Treadmills A mixed-use retail, leisure, and commercial development in Northallerton transforming a former prison site.
• Waterside Lincoln A 130,000 sq ft retail and leisure centre in Lincoln city centre featuring major retailers including H&M, Next, and Superdrug.
• Whitefriargate A city centre regeneration project in Hull including the restoration of the historic Burton building (now Burton House).
• Marina Court A commercial development in Hull city centre.

Quantifiable outcome

• Over 400 direct jobs created through the Metsä Tissue tissue paper mill development, with thousands more across the supply chain
• +5 more outcomes

Named customers34 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered minor and core.

• Legacy Hotel Management ServicesminorStrategic or Co-development Partner · 24 April 2026Legacy Hotel Management Services is lined up as the operator of the proposed £25m Moxy hotel in Hull city centre. Legacy manages more than 25 hotels across the UK on behalf of developers, investors, and property owners. Wykeland owns the proposed hotel development and Legacy operates it under Marriott International's Moxy brand.
• Marriott International (Moxy brand)minorStrategic or Co-development Partner · 24 April 2026Wykeland submitted revised planning proposals in April 2026 for a seven-storey, 122-bedroom Moxy hotel in Hull city centre, opposite the Connexin Live arena on Waterhouse Lane. If approved, the £25m development would be the first new hotel built in Hull in nearly a decade. Moxy is Marriott International's contemporary, non-traditional brand with hotels in over 130 locations across more than 25 countries.
• East Riding of Yorkshire CouncilcoreStrategic or Co-development Partner · 24 January 2025East Riding of Yorkshire Council's Planning Committee supported Wykeland's planning application for the £150m retail logistics fulfilment centre at Melton West, expected to create 1,300-1,500 permanent jobs. The council has also been involved in the Metsä Tissue planning application for the Goole tissue paper mill.
• Hull City CouncilcoreStrategic or Co-development Partner · 21 November 2024Wykeland is delivering the major restoration of Hull's historic Burton building with grant support of £750,000 from Hull City Council's city centre grants scheme. The council's Portfolio Holder for Regeneration has expressed strong support for Wykeland's broader rejuvenation plans for Whitefriargate and other key city centre sites.
• Historic EnglandminorStrategic or Co-development Partner · 21 November 2024Wykeland's restoration of the Grade II-listed Burton building in Hull is supported by a £450,000 grant from Historic England, reflecting the building's heritage significance.
• Seven Districts CoffeeminorChannel Partner/ Reseller/ Distributor · 1 May 2024Lincolnshire-based Seven Districts Coffee operates the new coffee shop at Waterside Lincoln, created as part of the £1m+ investment by Wykeland and Lincolnshire Co-op. The independent coffee shop serves as a centrepiece amenity for the revitalised retail and leisure destination.
• Metsä TissuecoreStrategic or Co-development Partner · 21 September 2023Wykeland has a long-term development agreement with Finnish tissue paper manufacturer Metsä Tissue to enable the development of the UK's largest tissue paper mill on a 211-acre site in Goole, East Yorkshire. Wykeland holds long-term development rights and has worked with Metsä Tissue for over two years. Planning application was submitted in January 2025 for a 3m sq ft facility with capacity of 240,000 tonnes, creating over 400 direct jobs and thousands of indirect jobs. The development could increase UK self-sufficiency in tissue products by over 30%.
• C4DI (Hull)coreStrategic or Co-development Partner · 1 September 2023Wykeland partnered with C4DI to launch Barclays Eagle Lab at Treadmills in Northallerton. The tech hub is a key element of Wykeland's @TheDock tech campus in Hull's Fruit Market, where C4DI serves as the anchor tenant and manages the tech community.
• Freedom Festival Arts TrustcoreGTM or Marketing Partner · 21 August 2023Wykeland has been a long-standing Major Partner of Freedom Festival, the annual arts festival attracting tens of thousands of people to Hull city centre. Wykeland's commitment to culture and arts is a key element of its place-making strategy for its Fruit Market development and wider city regeneration.
• Middle Child Theatre CompanyminorGTM or Marketing Partner · 21 August 2023Wykeland supports Middle Child Theatre Company, providing the Stage @TheDock amphitheatre for productions including 'There Should Be Unicorns' and fire circus shows. Wykeland funds original productions to be performed at the venue, supporting the creative sector in Hull.
• Lincolnshire Co-opcoreStrategic or Co-development Partner · 1 June 2023Wykeland and Lincolnshire Co-op formed a 50/50 joint venture to acquire Waterside Shopping Centre in Lincoln in June 2023, investing £3m to rejuvenate the 130,000 sq ft centre. After nearly three years of successful partnership, Wykeland acquired Lincolnshire Co-op's 50% stake in May 2026 to become sole owner, as Lincolnshire Co-op refocused investment into healthcare and housing sectors. Lincolnshire Co-op is also a co-investor in Cornhill Quarter in Lincoln.
• Hull City CouncilcoreStrategic or Co-development Partner · 1 June 2023Wykeland has partnered with Hull City Council on multiple regeneration projects including the Fruit Market urban village, Castle Buildings restoration, and the former Central Dry Dock (now Stage @TheDock). The council provides planning cooperation and sometimes grant funding for key regeneration initiatives.
• Hull Trinity HouseminorStrategic or Co-development Partner · 12 May 2023Hull Trinity House (which owns the whole south side of Whitefriargate) and Wykeland Group (owning around 60% of the north side) came together to collaborate on a new brand for Hull's Whitefriargate, accompanied by the slogan 'Old town, new beginning'. The partnership aims to support the rejuvenation of Whitefriargate and attract new occupiers and investment.
• Barclays Bank (Eagle Lab)minorStrategic or Co-development Partner · 1 August 2022Barclays Eagle Lab partnered with C4DI to launch a business incubator space at Wykeland's Treadmills development in Northallerton, supporting the startup ecosystem across North Yorkshire.
• Heron FoodsminorChannel Partner/ Reseller/ Distributor · 1 August 2022Hull-based retailer Heron Foods is developing a 267,000 sq ft 'New Nest' distribution facility at Wykeland's Melton West business park. Wykeland worked with Heron Foods on the complex building design, engaging numerous consultants.
• Smith+NephewcoreChannel Partner/ Reseller/ Distributor · 1 August 2022Wykeland secured an £80m+ investment by global medical technology company Smith+Nephew for a new R&D and manufacturing facility at Melton West business park. The world-class facility for Smith+Nephew's Advanced Wound Management franchise is expected to support over £8bn in sales in its first 10 years.

Scale indicators16 records

Recent moves10 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key highlights6 records

Customer concentration

• Xx.com/Wykeland

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wykeland