What Harworth Group does

Harworth Group plc is a UK-listed (LSE:HWG, FTSE 250) land and property regeneration company headquartered in Rotherham, South Yorkshire, specialising in the transformation of former coalfield and other complex brownfield sites into serviced industrial & logistics space, residential development land, and — increasingly — hyperscale data centre campuses. The company manages a portfolio of approximately 15,000 acres across more than 100 sites in the North of England and the Midlands, with 8.5 million sq ft of consented industrial & logistics space and 3,065 consented housing plots providing multi-year development visibility (EPRA Net Development Value of £727.03m).

Its core operating capability is a seven-phase master development model — acquisitions and land assembly, masterplanning, planning approval, remediation and infrastructure, plot sales and build-out, place-making, and asset management — underpinned by specialist expertise in environmental remediation and the management of legacy liabilities on former industrial land. The technology stack is operational rather than software-based: site identification, planning consent attainment, infrastructure delivery, and the safe conversion of derelict industrial land.

The business operates three revenue streams: one-time land and property sales to industrial occupiers, investors, and housebuilders; recurring rental income from a retained investment portfolio that is being rotated toward Grade A logistics (75% of the portfolio by 2025, up from 63% in 2024); and bespoke large-plot transactions such as the Microsoft data centre campus at the former Skelton Grange Power Station site. The go-to-market is direct B2B engagement with corporate occupiers, institutional investors, and housebuilders, supported by an investor relations programme rather than consumer-facing marketing. Customers are predominantly industrial & logistics occupiers, residential developers, and local authority partners across the North of England and Midlands.

Name

Harworth Group

Legal name

Harworth Group plc

Website

https://harworthgroup.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Harworth Group plc is a UK-listed (LSE:HWG) brownfield land and property regeneration company that acquires, remediates, and develops former industrial sites in the North of England and Midlands into industrial & logistics, residential, and data centre developments for corporate occupiers, housebuilders, and investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Rotherham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Industrial & Logistics Land Sales: Sale of serviced industrial and logistics land to corporate customers and investors. In 2025, the Industrial & Logistics segment performed strongly, selling five investment assets totaling 0.8 million square feet for £47.7m at a yield of 7.6%, exceeding June 2025 book values.
2. Residential Land Sales: Sale of remediated residential land for housing development to housebuilders. In 2025, residential sales of 1,837 plots were completed at a discount to book values due to current market conditions.
3. Investment Property Portfolio: Retention and management of investment properties, particularly modern Grade A industrial and logistics assets, generating rental income.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Harworth Group plc owns, develops, and manages a portfolio of over 15,000 acres across more than 100 sites in the North of England and Midlands. The company acquires complex brownfield and former coalfield sites, obtains planning consent, undertakes environmental remediation and infrastructure delivery, and then sells or develops serviced industrial, logistics, and residential land to corporate occupiers, investors, and housebuilders. It also retains a Grade A investment property portfolio that generates rental income.

Product overview

Harworth Group plc is a leading UK land and property regeneration company operating as a single unified offering focused on transforming large, complex brownfield sites into sustainable industrial, logistics, and residential developments. The company manages a portfolio of approximately 15,000 acres across over 100 sites in the North of England and Midlands, offering integrated services including strategic land portfolio management, site remediation, and development delivery. Their core business model centers on acquiring underutilized land, obtaining planning permissions, conducting remediation and infrastructure work, and selling or developing serviced land. Key major projects include Waverley (Yorkshire's largest brownfield development), Logistics North (North West's largest commercial development), Advanced Manufacturing Park, and various residential communities. The company is listed on the London Stock Exchange (LSE: HWG) and is a constituent of the FTSE 250 index.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial & Logistics Developments

Quantifiable outcome

• £4.3bn potential GVA uplift from developments
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Leeds City CouncilcoreStrategic or Co-development PartnerLeeds City Council granted unanimous planning approval for Microsoft's data centre campus at the former Skelton Grange Power Station site. Harworth had previously exchanged contracts for the conditional sale of 48 acres of land to Microsoft. The council's Plans Panel considered and approved the development.
• Microsoft (MSFT MCIO Ltd)coreOthersMicrosoft's subsidiary MSFT MCIO Ltd received planning approval for a major data centre campus at the former Skelton Grange Power Station site owned by Harworth. Harworth completed the first plot sale for approximately £53 million in December 2024 and has conditionally exchanged on land for approximately 500,000 sq ft including Plot 2. The development will include three data centre buildings totalling about 1.27 million sq ft.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• St. Modwen Properties: Historically the UK's most direct brownfield regeneration peer, focused on industrial/logistics and residential land development across the Midlands and South. Acquired by Blackstone in 2021 but continues operating with similar regeneration and master-development model.
• Helical plc: UK developer focused on office-led mixed-use schemes and some industrial/logistics repositioning. Comparable as a smaller, development-led UK REIT with similar transaction-driven revenue profile.
• Urban Logistics REIT: UK-listed REIT focused on last-mile and mid-box industrial/logistics assets. Comparable as a smaller, focused UK industrial buyer whose activities shape pricing for Harworth's sub-big-box assets.

Broad incumbents

• Tritax Big Box REIT: UK-listed REIT focused on large-scale logistics warehousing. A natural buyer of Harworth's I&L investment assets and a comparator for industrial yields (e.g., Harworth's 7.6% achieved yield in 2025).
• SEGRO plc: Major UK and European industrial/logistics REIT with a large focused portfolio of modern big-box and urban logistics assets. Comparable as a buyer/competitor for I&L sites and as a benchmark for institutional appetite at scale.
• Land Securities Group: Large UK REIT and developer with mixed-use regeneration capabilities. Comparable as a diversified UK developer with planning-led, long-term development models and public-market governance.
• Goodman Group: Global integrated commercial and industrial property group with a UK development business. Comparable as a large, master-developer of logistics/industrial parks and a likely partner/buyer for Harworth assets.
• ProLogis: Global leader in industrial real estate, operating major logistics parks in the UK. Comparable as a strategic buyer of Harworth's I&L investment assets and a benchmark for institutional logistics yields.

Emerging players

• CTP N.V. Pan-European industrial/logistics developer with a scalable master-development model. Comparable as a brownfield-positioned, master-developer competitor expanding into UK data-centre-adjacent logistics.

Regional players

• Peel L&P: Major UK land and property group with significant Northern England holdings (e.g., Liverpool Waters, MediaCity). Comparable as a large-scale, regional UK land assembler and developer with overlapping project types.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Harworth Group