What Nurton Developments does

Nurton Developments is a Birmingham-based property investment and development company founded in 1998 by the Bradshaw family to represent their property interests. The company manages approximately £165 million of assets under management and controls over 1,000 acres of land for future development, operating across England with a primary focus on the West and East Midlands. The business is structured into five interconnected divisions: Strategic Land (greenfield/brownfield site acquisition and promotion), Development (office and industrial development), Capital (value-add investment through Nurton Capital), Retail (Nurton Retail joint venture for retail and roadside schemes), and Partnerships (affordable housing land assembly with Registered Providers). Strategic land, planning expertise, and family-held long-dated capital are the core operating assets rather than any proprietary technology.

The company has delivered a multi-decade track record of value-add property transactions. Flagship projects include the 400-acre Branston Locks urban extension in Burton-on-Trent — one of the UK's first large-scale sustainable urban extensions encompassing 2,500 homes and 1 million sq ft of commercial space — alongside the 50-acre Quintus employment site, the Hilton Park M6 J11 employment site proposal, and multiple commercial developments and acquisitions across Birmingham, Derby, Leeds, Northampton, Bedford, and Waterlooville. Notable realised transactions include the £96 million sale of Two Colmore Square (acquired for £45m in 2004) and a 20.62% IRR on the Two Cornwall Street deal (2018). Active capital deployment includes a £5.2 million rolling refurbishment at Newater House Birmingham, the £4.25 million acquisition of 2 Exchange Court Wolverhampton at a 15.6% net initial yield, and a 235,000 sq ft industrial build at Branston Locks funded with a US-based investor.

The revenue model combines lumpy transactional income — land value uplift on disposals to housebuilders, development profits, and asset appreciation on capital exits — with recurring rental income from a multi-property owned portfolio (Cardinal Square Derby, Trigate Birmingham, Newater House Birmingham, 11 Waterloo Street Birmingham) and serviced office operations through Flexibase. Customers span housebuilders (Crest Nicholson, Taylor Wimpey, Places for People, Cameron Homes, Lovell, Davidsons), institutional co-investors (Barwood Capital, LaSalle Investment Management, Liberty Property Trust/Prologis, Gazeley, Rothschild Bank), landowners under promotion agreements, Registered Providers, and a broad base of office and industrial occupiers. Growth is funded through internally generated capital and joint-venture structures rather than external equity.

Name

Nurton Developments

Legal name

Nurton Developments Limited

Website

https://nurtondevelopments.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Birmingham-based property investment and development company founded in 1998 representing the Bradshaw family's interests, operating five divisions (Strategic Land, Development, Capital, Retail, Partnerships) across England with £165 million AUM and over 1,000 acres of controlled development land.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development and Investment

NAICS

Land Subdivision (237210), Land Subdivision (2372), Nonresidential Property Managers (531312)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Operative Builders (1531)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Real Estate Funds — Opportunistic / Development (FSANAEAI), Brownfield Redevelopment Support (Site Characterization & Reuse Planning) (EUAHAFAJ)

Keywords

• Property development
• Strategic land promotion
• Commercial real estate
• Value-add investment
• Sustainable urban extension

Headquarters

HQ city

Birmingham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Strategic Land Promotion: Acquiring greenfield or brownfield sites throughout England for residential, commercial, or mixed-use development through freehold purchase, option agreements, or promotion agreements. Revenue generated through land value appreciation and eventual sale to developers.
2. Development: Developing offices in regional cities and industrial sites across England. Revenue generated through development profits, rental income from owned properties, and asset appreciation.
3. Capital Investment: Co-investing with partners to acquire opportunities where value can be added through active asset management and strategic improvement. Revenue through rental income, asset appreciation, and exit proceeds.
4. Partnerships/Affordable Housing: Sourcing and assembling land for affordable housing working with landowners, Registered Providers and local stakeholders. Revenue through land promotion fees and development margins.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Nurton Developments is a property investment and development company that acquires, promotes, and develops land and commercial real estate across England. The company operates five interconnected business divisions: Strategic Land (promoting greenfield/brownfield sites for residential and commercial development), Development (refurbishing offices and building industrial/logistics units), Capital (value-add commercial property investments through Nurton Capital), Retail (retail and roadside development via Nurton Retail Ltd JV), and Partnerships (affordable housing land assembly). Revenue is generated through land sales to housebuilders, commercial property sales, rental income, asset appreciation, and development profits across a portfolio controlling over 1,000 acres with AUM of approximately £165 million.

Product overview

Nurton Developments is a Birmingham-based property company founded in 1998 representing the Bradshaw family's property interests. The company operates as a multi-divisional platform comprising five interconnected business units: Strategic Land (acquisition and promotion of development sites across England), Development (office and industrial development projects), Capital (value-add investment vehicle for property acquisitions), Retail (Nurton Retail joint venture for retail and roadside development), and Partnerships (affordable housing land assembly). The AUM totals approximately £165 million with over 1,000 acres of land controlled for future development. Key flagship projects include the 400-acre Branston Locks urban extension at Burton-on-Trent and the 50-acre Quintus employment site, while the Capital division manages a portfolio of office and industrial assets across Birmingham, Derby, Leeds, Warwick, and Telford.

Differentiator

Problem solved

Functional benefit

Brands

• Nurton Capital: Investment vehicle focused on opportunistic transactions in dislocated markets, targeting subdued and mispriced properties in strong locations.
• Nurton Retail Ltd
• Flexibase

Products and services

• Strategic Land Promotion
• Development Division
• Nurton Capital (Value-Add Investment)
• Nurton Retail Ltd (Retail and Roadside Development)
• Partnerships / Affordable Housing Land Assembly
• Branston Locks Sustainable Urban Extension
• Branston Locks (Strategic Land Project) 400-acre mixed-use urban extension masterplan.
• Quintus Employment Site
• Hilton Park Strategic Employment Site
• Langley Sustainable Urban Extension 50-acre sustainable urban extension at Sutton Coldfield, Birmingham. Exemplar scheme including family housing, new schools, medical facilities, provision for the elderly, and significant areas of playing fields and public open space. Released from Green Belt and allocated for development in Birmingham plan.
• Holywell Spring Farm Residential Development 50-acre edge of town residential development at Ashby De La Zouch, Leicestershire. Sustainable new community delivering 340 new homes, a primary school, care home, medical centre and retail unit.
• Cosford Residential Development Circa 50 acres of agricultural land adjacent to RAF Cosford in Shropshire, proposed for release from green belt. Scheme of up to 450 new homes offering a sustainable location for civilian and military personnel following proposed expansion of RAF Cosford training centre.
• South Fleet Residential Extension 42-acre edge of town low density sustainable extension at Didcot, planned for up to 300 family homes including affordable units. Partnership with local GP practice investigating provision of additional medical centre.
• Sadlers Covey Residential Development Small infill development at School Road, Hockley Heath, Solihull on green belt land. Proposed development of 90 dwellings with affordable and starter homes, linear park along canal frontage, equipped children's play space and sustainable drainage area.
• Rising Lane Residential Site 22-acre site at Lapworth, Warwickshire being promoted for residential development under promotion agreement with Warwickshire District Council, seeking additional housing and Green Belt release.
• Liberty 196 Logistics Unit 197,216 sq ft prime logistics unit at Brackmills Industrial Estate, constructed speculatively in conjunction with Liberty Property Trust (now Prologis). Let to James & James Fulfilment, benefiting from excellent communication links via A45 to M1 J15 and A14 J13.
• AF Blakemore & Son Warehouse (Bedford) 164,850 sq ft built-to-suit ambient, chilled and frozen warehouse at Bedford. Delivered in conjunction with Barwood Capital and British Airways Pension Trustees for A.F. Blakemore & Son as part of its national expansion plans, creating 200+ new jobs.
• Proxima Park Industrial/Distribution Development 445,000 sq ft industrial/distribution development at Waterlooville, situated 2 miles from A3(M). Phase 1 offers units from 3-20,000 sq ft; Phase 2 up to 117,000 sq ft. Pre-let to Coopers Fire for 45,000 sq ft. Delivered in conjunction with LaSalle Investment Management.
• G-Park Northampton Industrial/Distribution Units Three speculatively constructed industrial/distribution units at Moulton Park, Northampton. Warehouses ranging from 50,350 sq ft to 155,227 sq ft, with Unit 2 let to S.F Express (90,000 sq ft) and Unit 3 to Whistl UK (155,000 sq ft). Delivered in conjunction with Gazeley.
• Newater House Office Building 8-storey, 32,000 sq ft office building at Newhall Street, Birmingham acquired in 2020. Undergoing £5.2 million rolling refurbishment program with Cat A and Cat A+ fit-outs. Ground floor restaurant let to Regina; tenants include Munich RE, Anstey Horne, and Broadstone.
• 4 Temple Row Office and Retail Building c.28,000 sq ft office and retail building at Temple Row, Birmingham. Acquired in 2015, refurbished and subsequently sold in 2024.
• Cardinal Square Office Complex 113,000 sq ft office complex at Derby, originally acquired as Eastgate House in 2000. Core holding with ongoing refurbishment and letting, housing Nurton's Flexibase serviced office operation. Tenants include Concentrix Corporation, Freeths, NHS, CityFibre, Inertia Consulting, and Licence Check/DAVIS.
• Trigate Office Building 72,000 sq ft, 7-floor office building on Hagley Road West, Birmingham acquired in 2006. Core holding with continued investment, including recent showers, bike stores and coffee lounge additions. Flexibase occupies three wings; tenants include Sandwell Community Caring Trust, Black Mango Capital Group, PTV Logistics, Logfret, and Hair Anatomy UK.
• 11 Waterloo Street Office Building Grade II* listed former bank chambers of 22,000 sq ft in Birmingham acquired in 2007. Ground floor bar & restaurant let to Marstons Plc; upper office floors multi-let including Nurton's own offices. Ground floor rental income increased 42% since purchase.
• Flexibase Serviced Offices Serviced office operation providing flexible workspace solutions across Birmingham and Derby, operated through Flexibase Ltd (wholly owned subsidiary of Nurton Developments). Located in Cardinal Square (Derby) and Trigate (Birmingham).

Quantifiable outcome

• Delivered 2,500-home sustainable community at Branston Locks with 1 million sq ft commercial space
• +5 more outcomes

Named customers24 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered major and core.

• Places for PeoplemajorStrategic or Co-development Partner · 29 May 2025Major residential land deal at Branston Locks - Places for People, the UK's leading social enterprise, acquired 103 acres to deliver around 1,500 mixed-tenure homes including private sale, affordable rent and shared ownership. Supports PfP's ambition to accelerate delivery of high-quality affordable housing.
• Ian HarriscoreStrategic or Co-development Partner · 13 December 2024Nurton Retail Ltd joint venture led by retail/roadside specialist Ian Harris. Focused on sourcing and delivering retail and roadside development opportunities. Ian brings 30 years' experience from Lidl, Wickes, Capital and Regional, and CBRE.
• Cameron HomesmajorStrategic or Co-development PartnerCameron Homes acted as gateway developer for £105m Lawnswood development at Branston Locks, purchasing four land parcels totalling 35 acres from Nurton Developments to deliver 308 homes. Described as Cameron Homes' best-selling site.
• Liberty Property Trust (now Prologis)majorStrategic or Co-development PartnerJoint venture for Liberty 196 - 197,216 sq ft speculatively constructed prime logistics unit at Brackmills Industrial Estate, let to James & James Fulfilment.
• Barwood CapitalcoreStrategic or Co-development PartnerPartnership with Barwood Capital and British Airways Pension Trustees for A.F. Blakemore & Son 164,850 sq ft warehouse at Bedford.
• LaSalle Investment ManagementcoreStrategic or Co-development PartnerJoint venture with LaSalle Investment Management for Proxima Park industrial/distribution development totalling 445,000 sq ft at Waterlooville.
• GazeleycoreStrategic or Co-development PartnerPartnership with Gazeley for G-Park Northampton - three speculatively constructed industrial/distribution units.
• Charitable Trust (for Langley)majorStrategic or Co-development PartnerPromotion agreement with Charitable Trust for 50-acre Green Belt site at Langley, Sutton Coldfield. Site released from Green Belt and allocated for development in Birmingham plan.
• Trust (for Sadlers Covey)coreStrategic or Co-development PartnerPromotion agreement with Trust for green belt land at Sadlers Covey, Hockley Heath, Solihull.
• John Taylor Multi Academy TrustcoreStrategic or Co-development PartnerOperates new primary school at Branston Locks opened September 2024.
• Davidsons (for Holywell Spring Farm)coreStrategic or Co-development PartnerSold development land to housebuilder Davidsons at Holywell Spring Farm, Ashby De La Zouch.
• Equation PropertiescoreStrategic or Co-development PartnerSister company delivering speculative phase of 3 mid-box units totalling 250,000 sq ft at Quintus, Burton-upon-Trent in 2021.

Scale indicators20 records

Recent moves6 records

Expansion highlights6 records

Market position

Strengths5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/nurtondevp?lang=en
• LinkedInlinkedin.com/company/nurton-developments-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries4 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 Nurton Developments