Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 3

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03 Introduction Think Local, Think Local, Act Global 05 Northern Act Global Powerhouse Developments Scarborough Group International Limited (SGI) has a truly global reach and a 06 Middlewood reputation for delivery. With a proven track record across the UK, it remains Locks, Salford one of the most active privately owned development organisations, having a portfolio with a Group Gross Development Value of £2 billion. Scarborough 14 Thorpe Park, International Properties Limited (SIPL) was set up to undertake and manage Leeds the Group’s property investments and developments.

22 Sheffield DC, Sheffield Kevin McCabe formed his first 26 Sheffield family owned private company Working together with our Olympic which ultimately led to the initial global network of partners, SIPL Legacy Park, Scarborough branded corporation has a prestigious track record Sheffield back in 1976. Since then SGI has of property investment and grown from a UK based property development, primarily residential National developer and investor into a and commercial, including 31 global organisation focussing offices, business parks, retail, Developments primarily on real estate having distribution and warehouse units, at various intervals businesses in and shopping complexes. 34 Our Partners Europe, Australia, Canada, India & Financiers and more importantly Hong Kong, Close relationships with long the People’s Republic of China as standing joint venture partners well as retaining its core activities have led to significant growth here in the United Kingdom. and diversification in our global property development and SGI is now in its fourth decade investment portfolios over the having become a truly international past 40 years. SGI remains one of group of companies with an the UK’s most active development attractive and diverse range of organisations with a range of businesses, with a comprehensive projects either underway, on site, investment portfolio encompassing or planned to commence in the all aspects of real estate, as near future with a Group Gross well as additional investments Development Value of £2 billion. in a number of other sectors. 4 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 5

Scarborough International Properties Limited 05 Northern

Celebrating over 40 years GDV of £2 billion Powerhouse Developments

2,500+ new homes in 4,500,000 sq ft of development pipeline commercial accommodation

Northern Powerhouse partner Strong links to central government and local authorities

Global reach – strong Residential, Commercial, Retail, Leisure, partnerships across the world Business Parks, Industrial and Mixed Use 6 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 7

Northern Powerhouse Developments Middlewood Locks

Location: Salford 8 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 9

Salford: Situated in Salford at the western and Leisure uses. Middlewood Locks opened at Middlewood Locks. together on our joint venture for gateway to Manchester City Centre, benefits from an attractive canal The second phase comprised of a the next five to seven years. award winning Middlewood Locks basin as a central landscaping feature further 546 new homes is under Plans are now progressing for Middlewood Locks, is the most exciting new mixed use of the community, establishing high construction with completion due the next phase of residential community within walking distance quality living space with a waterfront in early 2021, having been pre-sold development, which will be a of the Central Business District and park and an extensive range of to leading PRS operator Get Living. mix of canalside townhouses and Salford with it the amenities provided by modern facilities to benefit residents apartments, alongside the first the UK’s leading Regional City. and commercial occupiers alike. Alongside our two established phase of commercial development Joint Venture with Metro Holdings of Partners – Metro Holdings which will include a 250 bed Singapore and Hualing Group of PRC Our 24.5 acre regeneration project The first phase of development and Hualing Group – we also hotel and 100,000 sq ft of grade has Planning consent for a mixed which comprised 571 new homes have Beijing Construction and A office accommodation. use neighbourhood development is now complete and home to over Engineering Group International including 2,215 new Homes and 700 residents. Seven Bro7hers (BCEGI) as our Main Contractor 900,000 sq ft of Commercial space, and the Co-op have also recently whom we are hoping to work with incorporating Offices, Hotel, Retail 24.5acre canalside mixed use site with a waterfront park

GDV: No. of Apartments: Commercial space: £1 billion + 2,215 900,000 sq ft 10 MIDDLEWOOD LOCKS, SALFORD Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments 11 12 MIDDLEWOOD LOCKS, SALFORD Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments 13 14 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 15

Northern Powerhouse Developments Thorpe Park

THORPE PARK LEEDS

Location: Leeds 16 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 17

Leeds: Thorpe Park, Leeds is an for East Leeds, with up to 19,000 centre of Leeds. The culmination Next phase: established, award winning, new homes planned. Construction of the infrastructure improvement Business Park already with a is underway on the new mixed use works at Thorpe Park will be the Thorpe million current working population scheme which includes 940,100 2023 delivery of the new East sq ft of around 5,000 people. sq ft of Offices, 193,800 sq ft of Leeds Parkway railway station and Retail, 105,200 sq ft of Leisure, associated park and ride facility. Park The next stage of the development incorporating Cinema/Cafes/ With journey times from Thorpe is building upon the Estate’s Restaurants, 91,200 sq ft of Hotels, Park into Leeds City Centre of 8 Joint Venture with Legal 1.35 strong foundation, adding to the Healthcare/Childcare facilities, minutes and access to the wider & General and Hualing existing 800,000 sq ft of space 24,700 sq ft for Health and Fitness rail network, Thorpe Park will Group of PRC mixed use with a further 1.35 million sq ft of and 300 homes to be delivered by be the best connected and most mixed use accommodation and Redrow Homes, with the first phase flexible of business environments. accommodation 300 homes, creating one of the due to complete in Spring 2020. largest and most diverse out of town and 300 homes business locations in the UK. Thorpe The Springs’ retail and leisure Park’s 300 acres will comprise park opened in October 2018 with an unrivalled mix of business and Next, M&S Food Hall, TK Maxx, supporting amenity uses, including Boots, H&M, Outfit, River Island, 114 acres of Green Park and public FatFace, The Entertainer, JD Sports, realm areas in an outstanding Mountain Warehouse, Odeon Luxe, and well connected location. Nandos, Pure Gym and Cafe Nero amongst the line-up, with new Thorpe Park Leeds sits at the names being added every month. heart of the City Region’s most significant growth area and will Key to Thorpe Park’s success bring even greater diversity to is having a progressive plan for Leeds’ offer to the local and national delivering ease of commuting business community. This major through effective and varied city extension is to be served by transport modes and a managed the construction of the East Leeds transport planning strategy. The Orbital Road (ELOR), a new dual Estate’s prominent position adjacent carriageway connection to Junction to the M1 at junction 46 provides 46 of the M1 directly through immediate access to the local Thorpe Park. An extensive area to and national road network. The the north of Thorpe Park has been new ELOR will provide greater allocated for housing use to produce accessibility to the East Leeds up to 7,000 new homes. Thus, this community and the City, with is the largest single area of housing established bus routes providing a proposed within the total allocation service every 15 minutes into the

GDV: Development site: Location: £500 million 300 acres J46 of M1 with 114 acres of Green Park and public realm areas 18 THORPE PARK, LEEDS Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments 19 20 THORPE PARK, LEEDS Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments 21 22 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 23

Northern Powerhouse Developments Sheffield DC

Location: Sheffield 24 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 25

Sheffield: Sheffield DC is already recognised Having completed Acero, a new as the City’s most iconic Office 80,600 sq ft Grade A office building location, unquestionably one of in July 2017, the final phase of Sheffield DC the prime Northern Powerhouse DC, ‘Vidrio’ is due to start in early developments. DC is located within summer 2020. Joint Venture with Metro Holdings of Singapore the City Centre, whilst being opposite the city’s main railway Vidrio will provide 62,300 sq ft over station, main bus interchanges and eight storeys in a landmark building. the Parkway dual carriageway to the M1.

Vidrio 62,300 sq ft of Grade A Office Space

GDV: Final phase: £26.8 million 62,300 sq ft Vidrio 26 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 27

Northern Powerhouse Developments Sheffield Olympic Legacy Park

Location: Sheffield 28 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 29

Sheffield: Sheffield Olympic Legacy Park education and research assets Bassetlaw Integrated Care System, (SOLP) is an economic development have already been completed, Yorkshire and Humber Academic project on a nationally significant including the English Institute Health Science Network, and the Sheffield Olympic Legacy Park scale, comprising the regeneration of Sport in Sheffield, Sheffield National Centre for Sport and of up to 200 acres of the Lower Don Hallam University’s Advanced Exercise Medicine Valley industrial area in Sheffield, Wellbeing Research Centre and close to the Meadowhall Shopping National Centre for Excellence in SOLP also sits at the heart of Centre and the M1, and a short Food Technology, iceSheffield, a the wider Sheffield City Region distance from the City Centre University Technical College and “Global Innovation Corridor”; a Academy School. 20 mile long area running from SOLP will be established as a Sheffield city centre to Doncaster modern research and business park To these assets, Scarborough will Sheffield Airport. This area will be dedicated to companies and other soon add the Legacy Stadium, the focus of future industrial and organisations in the health, well- providing 30,000 sq ft of flexible economic growth in the region, being, sport and activity sectors. It commercial and conference space and is based upon applied research sets out to capitalise on the existing combined with covered stadium and innovation in the life science, sports and health related institutions seating and a professional-quality advanced manufacturing and in the area, providing a focused artificial grass pitch. creative and digital media sectors working and social environment to help growing businesses in this field, The delivery partners for the project and to maximise their commercial will include significant public prospects. sector and educational institutions, including Sheffield City Council, Scarborough International Sheffield City Trust (SCT) / Sheffield Properties is the ‘Preferred International Venues (SIV), Sheffield Developer’ for SOLP, and is Teaching Hospitals NHS Foundation focusing on an initial phase of up Trust, Sheffield Children’s NHS to 750,000 sq ft of development on Foundation Trust, Sheffield 20 acres, within a wider area of 80 Hallam University, The University acres where significant sporting, of Sheffield, South Yorkshire and

Preferred Developer for

acres of a 200 acre project Development site: Initial phase: Location: 100 200 acres 750,000 sq ft Lower Don Valley 30 MIDDLEWOOD LOCKS, SALFORD Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments Developments National 31 Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments 31 32 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 33

Northern Powerhouse Developments

1 2 3 4 N

MIDDLEWOOD LOCKS THORPE PARK SHEFFIELD DC BOWLER’S YARD Salford Leeds Sheffield Manchester – £1 billion+ GDV – £500 million GDV – £26.8 million GDV – 3rd phase of the successful Hat Box and 9 – 2,215 apartments and 900,000 sq ft of – 300 acre development site – 62,300 sq ft final phase building Milliners Wharf developments commercial space – Planning has been submitted for 64 one and two bed apartments

5 6 7 8

THE MILLS GRAND APPROACH Congleton, Cheshire Wigan, Greater Manchester – Town centre development – Town centre development

6 2 SHEFFIELD OLYMPIC LEGACY PARK BLACKPOOL ROAD 8 1 4 Lower Don Valley, Sheffield Preston 3 5 11 – 200 acre development site – Retail / leisure development 7 – 750,000 sq ft initial phase

National Developments 10 12

9 10 11 12

TALBOT GREEN Llantrisant, South Wales – Mixed use town centre development

QUEENSFERRY ONE MARINA QUAY STATION QUARTER Fife, Scotland Rhyl, North Wales Newport, South Wales – £200 million GDV – New Aldi store in next phase – 50,000 sq ft prime office building – 135 acre development site – 132,000 sq ft of retail and leisure space 34 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 35

34 Strategic Co-Investing Partners Listed on the Mainboard of the SGX-ST in 1973, Metro Holdings was founded in 1957 by the late Mr Ong Tjoe Kim. As a textile store on 72 High Street, Singapore, Metro has grown over the years to become a property Our Partners development and investment group with a broadened and diversified asset portfolio, backed by an established retail track record, with a turnover of S$172 million and net assets of S$1.5 billion as at 31 March 2019.

& Financiers Today, the Group operates two core business segments – property development and investment, and retail. It is focused on key markets in the region such as the People’s Republic of China, Indonesia and Singapore. The Group has also expanded its geographical presence to the United Kingdom. Metro has already invested or committed to invest over £50 million into Scarborough projects in Manchester and Sheffield.

Legal & General Investment Management (LGIM) is the investment management arm of Legal & General Group, a FTSE 100 company. LGIM is one of Europe’s largest institutional asset managers and a global investor, with a heritage dating back to 1836. LGIM manages £951 billion in assets with a wide range of clients. It has a specialist real estate investment and management division and is a major investor in UK real estate. LGIM are the Group’s joint venture partners for Thorpe Park, Leeds and have committed £150 million project finance.

Hualing, established in 1988, is a private group based in Urumqi, Xinjiang, China. The Group mainly operates in the fields of construction, managing and renting of trade centres, wholesale markets and hotel construction and management. It is also engaged in foreign trade, the development of a modern livestock industry, mining, foreign resources, project development and is the largest shareholder in a bank in Georgia. Their total gross assets are approximately USD3 billion, with a net value of USD1 billion.

Hualing have already invested or committed to invest over £30 million into Scarborough projects in Manchester and Leeds.

The JW Muir Group plc is a family owned business, headed by the Group Chairman and founder John Muir. The Group is involved in projects across the development spectrum and has a reputation for quality and client focus. The Group employs net assets of around £67 million with an annual turnover exceeding £93 million and a current property value of approximately £30 million.

Cromwell Property Group is a leading European multi-let real estate investment manager specialising in multi-let commercial properties in the UK and Continental Europe. Cromwell has £5.3 billion of assets under management, of which £1 billion is held in development projects. 36 THORPE PARK, LEEDS Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments Scarborough International Properties Limited Properties Scarborough International Northern Powerhouse Developments 37 38 Scarborough International Properties Limited Northern Powerhouse Developments Scarborough International Properties Limited Northern Powerhouse Developments 39

Strategic Lending Partners A commercially focused department of HM Government, the DIT team brings together private sector capital and UK projects and businesses. In particular they are mandated to drive the delivery of major regeneration schemes in the UK, which bring forward housing, infrastructure and substantial job creation. Investec is an international specialist Bank and Asset Manager that provides a diverse range of financial products and services to a niche client base in three principal markets in the UK, South Africa and Australia. The local authority for the City of Leeds in West Yorkshire. Leeds is a City of approximately 800,000 people and contributes over £20 billion per annum to the UK economy. Leeds is one of the key cities in the UK Government’s Northern Santander UK plc is a UK bank, wholly owned by the Spanish Santander Group. Powerhouse initiative, which will result in major regeneration, housing delivery and Santander UK plc manages its affairs autonomously with its own local management job creation projects. Leeds City Council is a vital partner for the delivery of Thorpe teams responsible solely for its performance. Park and future projects in the region. Santander provides debt finance for the Group’s investment portfolio and development finance for the Middlewood Locks Residential project The LEP’s purpose is to unlock the Leeds City Region’s vast economic in Manchester. potential by enabling businesses and enterprise to thrive. Working with public and private sector partners, the LEP provides support and funding to help businesses grow, attract new investment to the region and develop Hampden & Co was founded by an experienced team that shared client frustrations the skills, energy and digital infrastructure to create jobs and prosperity. with how banking in the UK was changing. These frustrations drove Hampden to found the bank on four key principles, providing exceptional service, focusing purely on banking and collaboration. Headquartered in Edinburgh, Hampden Bank are the Salford City Council is the local authority for Salford, a city and metropolitan funder for SIPL’s Queensferry One development. borough of Greater Manchester. The population is over 200,000 and is now home to the BBC (the UK’s national broadcasting body), as well as renowned education establishments. The Middlewood Locks project sits within Salford City. Strategic Construction Partners Manchester City Council is the local government authority for Manchester. It manages planning policy and permissions, the provision of public Beijing Construction Engineering Group Co. Ltd (BCEG) was founded in 1953. services and promotes inward investment to the region. Manchester is Over the past 60 years, it has been a constant leader in the industry and has a city of over 520,000 people and Greater Manchester over 2.7 million. become a conglomerate that is competitive in the global market. BCEG is a As a city, Manchester contributes circa £16 billion per annum to the Global Top 225 international Contractor, a China Top 500 Enterprise and China UK economy and is a key city within the Northern Powerhouse. Top Ten International Contractor. Its “Beijing Construction Engineering” brand is well established. Its annual projects completion amounts to US$9 billion. The city council for the City of Sheffield in South Yorkshire, SCC has been a long-term strategic partner for SIPL, given its historic activity in the City. GMI was formed in 1986 and has grown to become a well-established, Sheffield’s population is over 560,000 and the City contributes over £11 billion successful building and construction services company with a proven per annum to the UK economy. It enjoys a long track record for educational track record for delivering award winning projects for an international excellence and forging international investment partnerships. Sheffield portfolio of developers, public sectors and blue chip companies. GMI is is a leading location in the UK Government’s Northern Powerhouse. a long-standing partner of SIPL and the wider Scarborough Group.

Established in 1999, The Welsh Government is the devolved Government for Wales consisting of The First Minister, Welsh Ministers and Deputy Strategic Government Department Partners Ministers and The Council General. The Welsh Government are separate from The British Government and can develop and implement policy for Wales, set up governance of key areas such as the healthcare, education and Homes England helps create successful communities by making more Local Government and propose Welsh Laws. The Welsh Government has an homes and business premises available to the residents and businesses annual budget of over £15billion which it has complete discretion over. They who need them and also regulate social housing providers in England. are working with us on the development at Talbot Green, Llantrisant. Homes England is an executive non-departmental public body, sponsored by the Department for Communities and Local Government. London 9/10 Carlos Place, Mayfair, London W1K 3AT +44(0)20 7127 9170 [email protected]

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