Archive News

Firm to develop ng² park –
- Nottingham Evening Post

21/3/06

Miller Birch is set to bring forward another 40,000 sq ft of speculative space at the ng² office park in Nottingham. The development – a joint venture between Miller Group and Birch – is already committed to 70,000 sq ft of speculative space at the Queen’s Drive site, with most of the first phase under offer.

Miller says the site has been a big success for the group, with the investment interest in the building occupied by Geldards and Coutts already sold on.

Halifax Bank of Scotland recently announced it would be moving part of its home insurance operation to a 30,000 sq ft building at ng², with building having just started.

Miller’s announcement that it is jointly building more speculative space at the park comes in the wake of annual financial results showing the group achieved big increases in turnover and profits last year.

Turnover, including revenue from joint ventures, rose from £752m in 2004 to £893m last year.

Pre-tax profits were up 40% from £54.4m to £76m. Excluding exceptional gains, continuing profit before tax rose 20% to £65m.
Group chief executive Keith Miller said the 2005 results had been achieved against a background of below-trend growth in the economy and rising oil prices, which had pushed up inflation.

He said: “We enter 2006 with the experience of growing our housing business successfully through five acquisitions in as many years and the purchase of several property portfolios which have propelled our property business to new levels.

“Our construction business has also maintained a steady growth rate with improved repeat business while generating industry-leading returns.

“We have an enviable track record of strong performance from all three businesses which we are confident of building on in the years ahead.”

 

 

Previous News

    19th April 2011
    19th February 2010
  • Speedo and major hotel buy into the success at Miller Birch's NG2 - more info.
    20th July 2009
  • Speedo Shows Ongoing Commitment to Local Economy - more info.
    26th June 2008
    15th May 2008
    20th November 2007
    8th November 2007
    23rd October 2007
    14th August 2007
    13th June 2006
  • Surveyors moving to prestige ng² site –
    - Nottingham Evening Post - more info.
    7th January 2006
  • Record Nottingham Deal –
    - Estates Gazette - more info.
    3rd January 2006
  • Miller Birch banks HBOS letting at ng². - more info.
    21st December 2005
  • Halifax move set to give city extra –
    - Nottingham Evening Post - more info.
    20th December 2005
  • Bank set to move 150 jobs to NG²
    -– Nottingham Evening Post - more info.
    29th October 2005
  • “Nottinghamshire - The centre for commercial property
    - Estates Gazette - more info.
    11th October 2005
  • Landmark move for city law firm –
    - Nottingham Evening Post - more info.
    16th September 2005
  • “Nottinghamshire
    - The centre for commercial property ” – Focus Nottingham - more info.
    2nd August 2005
  • Pointing the way ahead in quality
    -– Nottingham Evening Post - more info.
    2nd March 2005
  • Arc up for award
    - Nottingham Evening Post - more info.
    29th September 2004
  • “We want to be a part of the region’s success story” - more info.
    29th September 2004
  • “A different sort of business park” - more info.