Harworth Estates, the UK property regeneration company, has appointed Ian Ball as director, asset management, a new role to boost efforts to increase income.
Ian, who joined on Monday, has responsibility for managing income generating assets, with responsibility for overseeing growth of the portfolio through new acquisitions and the development of Harworth’s existing estate.
He is a chartered surveyor by background, having worked for several European real estate funds in London prior to spending the last eight years in the real estate banking sector in the north of England. He was previously a relationship director at Barclays Bank, where he had responsibility for major northern real estate clients.
Owen Michaelson, chief executive of Harworth Estates, said: “This is an important appointment for the company. Ian is a highly experienced and talented individual and with steady economic growth fuelling a rise in confidence in the Northern and Midlands property market, we are increasing the capacity within our business to capture more of these opportunities and to be in a position to turn demand for property and land into long-term sustainable income.”
Harworth has grown its core workforce by more than a quarter in the past 12 months as confidence has returned. Its assets were valued at £279m as at December 2013 compared to £260m in December 2012.