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The latest update is out from Harworth ( (GB:HWG) ).
Harworth Group has completed the sale of a 27-acre Plot 1 land at its Skelton Grange site to Microsoft for £52.9 million, with the servicing of the site to be managed by Harworth. This transaction is part of a larger 48-acre land sale, with the second phase expected to complete by H1 2026. The development aims to transform the former Skelton Grange power station into a major site for Industrial & Logistics space, a hyperscale datacentre, and other facilities, representing over £4 billion of inward investment. This move underscores Harworth’s role in regional economic growth and showcases its expertise in regenerating brownfield land. The proceeds from the sale will be reinvested in further infrastructure development across Harworth’s extensive pipeline.
More about Harworth
Harworth Group plc is a leading sustainable regenerator of land and property, specializing in transforming large, complex sites, particularly former industrial locations, into new Industrial & Logistics and Residential developments. The company manages a portfolio of over 14,000 acres across more than 100 sites in the North of England and the Midlands, focusing on creating sustainable places that support new homes, jobs, and communities.
YTD Price Performance: 33.49%
Average Trading Volume: 193,373
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £519.5M
Learn more about HWG stock on TipRanks’ Stock Analysis page.
