Aitchison Developments

What Aitchison Developments does

Aitchison Developments Ltd is a privately held UK commercial property development company headquartered in London at Mortimer House, Mortimer Street. Founded in 2016 by chartered surveyor Jeremy Aitchison — previously a Savills main board director who co-founded Parlison Properties in 1993 — the firm focuses on the industrial warehousing and business space market, with stated expertise in unlocking difficult and constrained sites that other developers might overlook. Its core offering consists of two integrated revenue streams: (i) development management mandates for pension funds, property companies, and landowners, providing site identification, planning navigation, risk mitigation, and project execution; and (ii) own-account property development, where the group — funded in part through affiliated Helvellyn Properties — takes principal positions and generates returns through sales and lettings.

The company's product surface is a portfolio of multi-phase industrial, trade counter, and mid-tech R&D estates across England. Notable completed or in-progress projects include Bourn Quarter Cambridge (a 25-acre BREEAM Excellent / EPC A research and development business park, Phase 1 ~156,000 sq ft completed 2022 with Phase 2 approved for a further ~149,000 sq ft), Mowlem Trading Estate in Tottenham (Phases 1-3 totaling over 326,000 sq ft pre-let to tenants including Travis Perkins, Bunzl, JLR, Tortilla, Hedonism Wines, and The Celtic Bakers), Eastleigh Works (a 50-acre employment site adjacent to Southampton Airport), Chiltonian Trading Estate in Lewisham (112,000 sq ft / 30 units owned by Diageo Pension Fund Trustees), Parkers Trade Park Phase 2 in Petersfield (pre-let to Screwfix and Tool Station), and the AJW Aviation Headquarters in Horsham (125,000 sq ft). Active pipeline includes Totton (Hampshire, sold to Aldi) and a 4.7-acre site in Eastbourne being promoted through the local plan.

The business is delivered through a lean leadership team of three directors — Jeremy Aitchison (Founder, ex-Savills), Chris Mills (Director, ex-CBRE Executive Director), and Harry Aitchison (Chartered Surveyor, ex-Knight Frank, joined 2022) — supported by a PA/Office Manager. Go-to-market is direct enterprise engagement with institutional capital and landowners, supplemented by LinkedIn, Instagram, and a project-focused website. Pricing is project-by-project and not publicly disclosed; development management fees are typically structured as a percentage of gross development value, while own-account development generates transaction-based revenue on sale or letting.

Name

Aitchison Developments

Legal name

Aitchison Developments Ltd

Website

https://aitchisondevelopments.com

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Aitchison Developments is a London-based UK commercial property developer and development manager specialising in industrial warehousing and business space. It serves pension funds, property companies, and landowners, delivering multi-phase industrial, trade counter, and mid-tech R&D estates across England.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Real Estate Property Managers (53131), Other Activities Related to Real Estate (531390)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

akta.pro secondary industry

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)

Keywords

• Commercial property development
• Industrial warehousing development
• Development management services
• Business space development
• Commercial real estate

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development Management Services: Provides development management services to funds, property companies and landowners for commercial property development projects.
2. Own Property Developments: Undertakes own property developments in the industrial warehousing and business space market, generating revenue through property sales and lettings.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Aitchison Developments provides commercial property development and development management services focused on the UK industrial warehousing and business space markets. The firm works directly with pension funds, property companies, and landowners to plan, de-risk, and deliver commercial property projects, and also undertakes its own developments for sale or letting. Its portfolio includes research and development parks, industrial estates, trade counter parks, and high-content warehouse facilities across England.

Product overview

Aitchison Developments operates primarily in the commercial property market providing Development Management services and carrying out its own developments. The company is focused on the industrial and business space markets and works with funds, property companies, and landowners. Their project portfolio includes: Bourn Quarter (Cambridge research and development business park with BREEAM Excellent certification), Eastleigh Works (50-acre industrial and storage facility near Southampton), Mowlem Trading Estate phases (Tottenham industrial/warehouse development spanning 166,000 sq ft Phase 1, 70,000 sq ft Phase 2, and 90,000 sq ft Phase 3), Chiltonian Trading Estate (112,000 sq ft, 30-unit industrial development in Lewisham), Parkers Trade Park (12,750 sq ft trade counter in Petersfield), and AJW Aviation Headquarters (125,000 sq ft warehouse in Horsham). The company also has current development sites in Eastbourne and Totton.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Rents increased by 50% over two-year period at Mowlem Trading Estate Phase 1
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Wynnstay Properties LtdcoreStrategic or Co-development PartnerJoint venture partner for Parkers Trade Park Phase 2 development in Petersfield. Wynnstay Properties collaborated with Aitchison Developments on this 3-unit trade counter development.
• AldiminorChannel Partner/ Reseller/ DistributorAldi purchased the Totton Business Park development site from Aitchison Developments for development of a combined food-store and small unit industrial scheme. Construction on the 20,000 sq ft industrial unit due to start Q1 2023.
• Cambridge Design Partnership (CDP)coreChannel Partner/ Reseller/ DistributorMajor pre-let tenant at Bourn Quarter Cambridge, occupying Unit 2 & 3. The new CDP headquarters extends to 7,500 square metres including offices, labs, workshops, manufacturing facility and 200-seat auditorium.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Prologis: Global industrial REIT with significant UK logistics development activity. Competes for institutional capital and occupier demand in the UK industrial/logistics market but focused on distribution-scale product rather than mid-box and trade counter units.
• SEGRO: Major UK and European industrial/logistics REIT and developer with deep institutional capital relationships and a much larger development pipeline. Competes for institutional capital and prime logistics sites but operates at a different scale and asset-class mix than Aitchison's mid-box and trade counter focus.
• Tritax Big Box REIT: UK-listed REIT focused on large-scale ('big box') logistics real estate. Comparable end-market and UK institutional capital pool but operates at the upper end of unit size, while Aitchison targets mid-box industrial and trade counter product.
• Goodman Group: Global industrial and logistics property group with substantial UK operations, partnering with institutional capital to develop and own logistics assets. Overlapping institutional JV model and product category but at significantly greater scale and geographic breadth.

Direct peers

• Chancerygate: UK multi-unit industrial and trade counter developer of comparable scale, focused on last-mile logistics and SME-occupier units across southern England. Highly comparable to Aitchison's product type (Mowlem Trade Park phases), tenant profile (Screwfix, Tool Station equivalents) and project economics.
• Stoford Developments: UK commercial property developer specialising in industrial, logistics and office developments for institutional and corporate occupiers. Comparable mandate size, joint-venture structure with pension funds and landowners, and product overlap (mid-box industrial/logistics, business space).
• Panattoni: Pan-European industrial and logistics developer operating in the UK with a focus on build-to-suit and speculative mid-box logistics. Directly comparable product (large-scale industrial/warehouse units) and institutional capital relationships, though at significantly larger scale.
• Clowes Developments: UK family-owned commercial and industrial developer with a similar mid-market positioning, undertaking own developments and working alongside institutional investors on planning-led, complex sites across the Midlands and southern England.
• Tungsten Properties: Boutique UK industrial and trade park developer with a similar focus on multi-let industrial schemes for trade counter and SME occupiers. Comparable development management style and tenant mix (Travis Perkins, Howdens-type occupiers) to Aitchison's Mowlem and Parkers schemes.

Emerging players

• Peel L&P: UK-based developer with industrial, logistics and mixed-use projects, including complex regeneration and brownfield schemes. Comparable in appetite for difficult sites and long-cycle developments, though operating across a wider asset class mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aitchison-developments-limited
• Instagraminstagram.com/aitchdev

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Aitchison Developments