Sponsors turn out in force to back Sheffield City Region at MIPIM

Published 2nd March 2017 at 2:44pm

Private businesses are turning out in record force to back the Sheffield City Region’s presence at MIPIM Cannes, the global property and investors showcase, later this month. (13-17 March)

Eighteen sponsors – the largest ever private delegation from the region – will travel to the south of France armed with the news that three giants of the advanced manufacturing world have decided to invest here in the last month. They will also take opportunities to invest worth £1billion.

They look forward to telling the tens of thousands of potential investors at MIPIM that the SCR is welcoming supercar maker McLaren to the Advanced Manufacturing Innovation District, along with further major investment from aero business Boeing, and engineering specialists Sheffield Forgemasters.

The SCR is taking 18 investing supporters to MIPIM: Aero Centre Yorkshire, ARUP, Big City Co. Coda Studios, DLP Planning, Extra MSA Group, Harworth, Henry Boot, HLM Architects, Keepmoat, Nabarro, Network Space, Peel group, SCR Jessica Urban Development Fund, Turner & Townsend, The University of Sheffield, Verdion, and the WT Partnership.

Along with the good news for the region, the private sector businesses from the region who are flying out to MIPIM will take their own stories:

  • Turner & Townsend has joined forces with asset management consultancy AMCL to create an advisory service for owners and investors in infrastructure assets. The two companies previously worked together to produce a strategic asset management plan for the USA’s largest public power generator, the New York Power Authority.

Vincent Clancy, Chairman and Chief Executive Officer of Turner & Townsend, said: “The next decade will see the largest investment in infrastructure spending ever witnessed. By investing in AMCL, Turner & Townsend has gained world-class skills that will allow us to offer a truly end-to-end service to our infrastructure clients.

“The need to manage assets effectively and efficiently with resources and funds under ever-increasing pressure means asset management capability will become a growing priority for every infrastructure owner.”

  • Network Space is to buy 10.5 acres of industrial development land at Ashroyd Business Park on the Dearne Valley Parkway close to Junction 36 of the M1. Managing Director of Network Space Developments, Stephen Barnes, said: “Ashroyd Business Park offers a great opportunity to provide new high quality industrial space serving the Sheffield City Region market.

“There has been a lack of new space coming forward in this sector for about a decade despite good levels of demand as evidenced by our own 3 million sq ft portfolio which is currently 95% occupied.

“We intend to capitalise on this demand by delivering the 190,000 sq ft scheme as quickly as possible, and we are working closely with Barnsley Metropolitan Borough Council, Sheffield City Region LEP and other partners to ensure that this is the case.

“We intend to capitalise on this demand by delivering the scheme as quickly as possible, and we are working closely with Barnsley Metropolitan Borough Council, Sheffield City Region LEP and other partners to ensure that this is the case.”

  • William Church, Director of CBRE, commercial property consultants, adds that the SCR’s ‘JESSICA’ investment fund, which supports key commercial property developments across the region, has been a “significant development tool, providing funding for solid, viable schemes. …The Fund, working closely with our public sector partners, has unlocked private sector capital, including bank debt and property company equity that would not otherwise have been invested in the region.”

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