J Tomlinson has recently started work on a multi-million pound speculative development that focuses on a range of industrial and warehouse units situated in a vital Midlands location. The company has started the construction work as part of a Commercial property company, Goold Estates, plans for a 70,000 sq. ft.
The timber and buildings supplies company, Howarth have released news of their newest plans for investment. As the company continues to expand, Howarth Timber and Building Supplies have carried on with investment into a larger store in Tottenham as well as a complete overhaul of the business’s site in Derby.
“May you live in interesting times”, so goes the supposed Chinese anti-proverb. The implication being that ‘interesting’ is the direct opposite of stable, harmonious and peaceful. And indeed these are interesting times. Political upsets on both sides of the Atlantic have rocked stock markets and funds. Meanwhile International disputes in the
J Tomlinson has recently started work on a multi-million pound speculative development that focuses on a range of industrial and warehouse units situated in a vital Midlands location. The company has started the construction work as part of a Commercial property company, Goold Estates, plans for a 70,000 sq. ft. warehouse space. The construction will be taking place at the Steelpark Trading Estate in the West Midlands. It is thought that this development will have the additional benefit of generating a large amount of investment. The new Industrial units will also create dozens of new jobs for the local area, adding a further boost to the local economy. The units will also be in a good location as, when completed, they will have easy access to the motorway network, with J10 of the M6 less than 5 miles away, and four miles south of J1 of the M54. The Steelpark Trading Estate is located near to the Tata Steel Automotive site, is expected to be completed early next year. The site that is under construction as a part of the Midlands development has been empty for a number of years, with Goold Estates acquiring the site in September last year. The Managing Director of Construction at J Tomlinson, Martin Gallagher, has expressed that it is great news for the company to be a part of the speculative development. J Tomlinson will be able to utilise their wide experience and knowledge of the construction industry in order to build the industrial and warehousing units which will be located across the Midlands and will be constructed for a diverse range of clients. This project is the first time the J Tomlinson has worked with Goold Estates, and hopefully the execution of this construction work will lead to a successful working partnership between the two companies that will be mutually beneficial in the future.
The timber and buildings supplies company, Howarth have released news of their newest plans for investment. As the company continues to expand, Howarth Timber and Building Supplies have carried on with investment into a larger store in Tottenham as well as a complete overhaul of the business’s site in Derby. In order to celebrate the reopening of their Derby branch after the regeneration works, Howarth is holding a three-day event that will offer visitors access to leading suppliers in the industry as well as a range of offers and competitions. The Tottenham site was in desperate need of expansion, as Howarth Timber and Building Supplies had managed to outgrow the original site. In order to make the Tottenham location suit their needs better, the company invested more than £150,000 in order to make sure that the location offered a better shopping experience for customers as well as better working conditions for staff at the branch. As part of the investment and expansion, the timber and building supplies provider are now accommodated in a larger unit on the Elmlea Trading Estate which is on Leeside Road. The new location is spread across two floors and has the capacity of 500 more products. The second floor of the new space also offers space for Howarth Timber’s new collections for doors and flooring. There was a two-day launch event to celebrate the opening of the Tottenham site with giveaways on offer and appearances by suppliers. At the Derby branch, at Pentagon Island Timber Yard, has been modernised in order to allow for a better experience for trade customers as well as the public. The site has had a new layout constructed which allows for customers to move through each part of their construction of a house as they work their way through the store. This layout is helpful to inform the public of the different supplies and processes needed, but is also well thought out and organised, making Howarth’s products easily accessible for their customers.
“May you live in interesting times”, so goes the supposed Chinese anti-proverb. The implication being that ‘interesting’ is the direct opposite of stable, harmonious and peaceful. And indeed these are interesting times. Political upsets on both sides of the Atlantic have rocked stock markets and funds. Meanwhile International disputes in the Middle East and the emergence of US shale have led to fluctuations in global energy prices, with knock on effects for domestic economies around the world. And with enquiries ongoing into possible ties between President Trump and the Russian state, and Brexit negotiations about to begin in earnest in Europe and the UK, the uncertainty shows no signs of abating. Elsewhere, tensions continue to rise in the Middle East as both the Saudis and Iran accuse each other of being the weak link in the fight against global terrorism. Another often misattributed piece of Chinese wisdom however states that crisis and opportunity are but two sides of the same coin. So, where does the savvy investor look to grow their wealth in these interesting times? One investment which brings long-term growth, regardless of political and economic fluctuations, is property, and luxury property in particular is becoming a key investment option for high-net worth individuals from across the world. Recent data from Christies International Real Estate reveals that the luxury property market is currently at record levels and, for the first time, the world’s top ten reported property sales were all priced above $100 million1. And with property investment funds promising double digit returns on luxury investments2, combined with a dwindling number of dividend paying shares available3 to would be investors, it’s easy to see why the market is booming in an era where interest rates and returns on savings around the world remain subdued. The question for most investors is not therefore, should I invest in luxury property, but rather, where to begin? With everywhere from Toronto to Hong Kong pitching itself as the next luxury property hotspot, where can an investor learn about the market? A good place to begin would be the Luxury Property Show this October at the Olympia Conference Centre, London. The show, now in its 10th year, consistently attracts the movers and shakers from the luxury property world who can help guide an investor to making the right choice. Likewise, attending the show can save an investor countless hours and air-miles as they’ll be able to get detailed insights into potential properties ranging from mountain and lake retreats in Northern Europe to luxury loft apartments in New York, via beachfront homes in Dubai. Alongside insights into luxury properties and property markets around the world, the show also gives potential investors unparalleled opportunities for networking with fellow investors and property consortiums as well as access to a full programme of seminars aimed at seasoned investors, as well as those who are new to the market. Eddie Sikora, Director, the Luxury Property Show, said: “The luxury property market has enjoyed significant growth in recent years as investors have used property as a hedge against global risk and uncertainty. Beyond this however, investing in luxury property is a statement, and a symbol of prestige and success, hence we have seen an unprecedented number of sales over the last year topping the $100 million mark. “Nevertheless, it’s a complicated market. Investors need to consider not just all the usual things that come with purchasing a property, but also other key questions such as ‘where is the next property hotspot’ and ‘what geo-political dynamics could impact the investment over the medium and long-term’. With many investors now coming to see key western markets such as London and New York as being saturated, these questions are ever more important for potential investors. “The Luxury Property Show presents an opportunity for investors, developers and the real estate community to come together to discuss the key trends and issues and, more importantly, to match those looking to invest with the right property for them.”