Commercial Property News

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Thursday, March 16, 2024

Evans Property Group launch 'Business Living' venture

Evans Property Group has launched a new business venture at an exclusive event in MIPIM today.

The Leeds based company is creating a new business within the Group called 'Business Living.' Operating as a trader developer, the subsidiary will acquire land to develop offices for sale and lease and expects to roll out four speculatively built schemes over the next twelve months.

The first scheme comprising a total floor area of 30,000 sq ft will be constructed at Millshaw Park, Leeds where a start on site is expected after Easter.

Iain Robertson, Development Director at Evans Property Group, launched the new venture to a select audience at a breakfast briefing on board White Rose of Drachs at MIPIM this morning.

Typical developments under the Business Living brand will comprise some 30,000 sq ft of two storey offices with unit sizes ranging from 1,300 to 6,100 sq ft.

Business Living will launch four sites this year, including York Business Park, Deeside Industrial Estate near Chester and Follingsby Park, Gateshead.

The company is also close to completing on an acquisition of a site in Doncaster and is actively pursuing the purchase of new sites in the North of England, Scotland and Midlands.

In addition to creating a home-from-home office concept, Business Living will also add value in some locations by incorporating speculative developments of industrial and hybrid units of up to 40,000 sq ft with units ranging from 3,000 to 12,000 sq ft.