Morston Assets

Morston Assets has been successfully investing in and developing real estate for more than 15 years. Our extensive experience brings a powerful combination of strategic vision, tactical knowledge and intuitive judgment to new projects and partnerships.

We are committed to urban regeneration and manage more than 50 associated companies and joint ventures. Sales to the year end 2005/06 were 90 million and pre-tax profits 21 million while our development pipeline exceeds 500 million.

We actively embrace the challenges presented by truly sustainable property development. Morston Assets creatively addresses community and social needs and actively mitigates environmental concerns.

Some of our current and recent projects include:

Regeneration:

• Monktonhall, Shawfair, Edinburgh - 120 acres of former colliery have been transformed into part of the new Shawfair settlement of 5,500 homes and the Cairnie Business Park.
• Manuel Works, Linlithgow - A 250 acre mixed use residential-led regeneration scheme close to the M9 and adjoining Edinburgh to Glasgow railway link.
• Coatbridge, Glasgow - The former Rollmakers foundry is set to be developed into a 50 acre mixed use site. Work is anticipated to commence in 2007.
• Gatewen, Wrexham - 28 acre former coal storage works planned to be an example of sustainable development in Wales.

Development:

• Mill Green, Cannock - A 25 acre site, Mill Green is an employment park located off Jnc. 1 of the M6 toll. Work will begin in September 2006.
• Newcastle under Lyme - A 1.65 acre prime town centre, mixed use, high density development commencing in September 2006.
• Kingswood Lakeside, M6 Toll, Cannock - This development consists of: 500,000 sq ft sold to Unilever Best Foods; 120,000 sq ft speculative B8 warehouse available end 2006; 500,000 sq ft warehouse pre let or sale; 100,000 sq ft office park; Phase One 20,000 sq ft speculative offices available in August 2006.