Hargreaves has appointed David Anderson as group property director to lead the development of its property business, Hargreaves Land.
Joining no later than December 2018, Anderson has been charged with unlocking value from the group’s 17,500-acre land bank, which is valued at more than £50m.
Anderson has served as a director of Henry Boot Developments since 1996 and as managing director since 2005, leading the firm’s growth in revenue from less than £10m in 2005 to more than £220m in 2017.
He will work on key Hargreaves sites, including the 390-acre Blindwells scheme in East Lothian near Edinburgh, where planning consent has been secured for 1,600 new homes.
Gordon Banham, chief executive of Hargreaves Services, said: “I am delighted to have secured the services of David Anderson to spearhead Hargreaves Land. David has an excellent and successful record in the property development sector in the UK and Hargreaves’ current land portfolio provides a strong platform from which to create substantial shareholder value.”
The appointment is the latest in Hargreaves’ push to build a property team, which now stands at 15 full-time staff.
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