Hallam had another very active year in 2013. Whereas 2012 was very productive in terms of obtaining planning permissions but quiet in terms of sales trading, 2013 has seen an upturn in the number of site disposals and continued further success securing planning consents. The strategic land market has shown a steady improvement throughout the year and those areas of the country where land sales proved difficult in the recession have reduced in number and in size. As a consequence, we achieved a higher number of land disposals this year. Prices have moved up steadily across the board, although deals still remain very difficult to complete as a result of the complexity of due diligence undertaken.
Gary Smith was appointed as a Director of Hallam Land Management Limited with effect from 1st January 2014.
Gary joined the company in 1998 having previously worked for Compaq Computer Manufacturers. Gary started with Hallam as a Temporary Assistant Land Buyer and has had a number of roles within the company, he was previously promoted to Regional Manager in January 2012. Gary has enjoyed much success over the last 15 years in obtaining land sites and securing planning permissions in the central belt of Scotland. He enjoyed time away from the company in 2004 spending 18 months in Australia.
Hallam have had a productive year to date in terms of land disposals, helped by the significant number of planning permissions obtained in 2012 at Burdiehouse, Banbury, Evesham, Long Buckby, Mansfield and Nuneaton. Currently we have agreed terms to sell a further seven sites during the latter part of this year and the first months of 2014.
Hallam have had another successful year, despite a quiet year selling land with consent. Site disposals with planning permission were restricted to small sites at Mansfield, Desford and Bishopbriggs. The work we have undertaken to build value into our land holdings has not been reflected in the 2012 pure financial results. During the year, we worked on an unprecedented number of sites within the planning process and were particularly successful in securing planning permissions or minded to grant planning permissions on a large number of sites and further increased our site acreage.
It is pleasing to report that over the last 12 months we have secured planning permission or minded to grant permission subject to the signing of a planning agreement on the following sites:
Paul Burton and Peter Glazebrook have been appointed as Directors of Hallam Land Management Limited with effect for 1st January 2013. Paul joined the company in 2000 as a Land Buyer and Planner having previously worked for Yorkshire Water as an Environmental Planner.
Over last 12 months we have secured planning permission or minded to grant permission, subject to the signing of a planning agreement, on the following sites:
Hallam Land had a very successful year in 2011 in terms of its trading activity and also in securing new planning commitments. The trading performance for the year has improved on the last two years with external turnover of 30.1 million pounds and a profit before tax of 11.1 million pounds.
During a busy 2011 Hallam Land has concluded land sales at Rugby, Oxford and Countersthorpe. These transactions have continued a year of successful trading in what has been a challenging market.
Following an appeal to the Scottish Government last year which secured a 32 unit consent at Kirkintilloch Road, Bishopbriggs, an application followed in February of this year for an enhanced scheme of 50 units (including 14 affordable properties).