

A combination of affordable land, grant funding, existing land bank and the investment market becoming expensive led to the establishment of a dedicated Development Division, set up over 10 years ago to procure new developments. The division was created to provide good quality assets to improve the age profile of the retained portfolio.
With more than 2 million sq ft developed in over 40 locations across industrial, office and retail sectors, the development team has an established track record of speculatively developing employment schemes aimed at SMEs.
The Development Division has extensive knowledge of working with both the public and private sectors on sustainable mixed use brownfield developments, with many schemes benefiting from grant assistance from central government and the European Union.
Northern Trust actively seeks new industrial and office development opportunities throughout the UK for retention in the portfolio. The main geographical regions of interest are: North West, Yorkshire, North East, Midlands and Scotland. Northern Trust has the potential to look at acquisitions which require capital improvements and the Development Division continues to explore all avenues for site acquisitions, liaising with local authorities and development agencies to secure future development sites and possible public sector funding.








