Yorkshire based In-site Property Solutions is an award-winning family business with over 40 years’ industrial property ownership and management experience. They recently created a new company, The Impact Branch (TIB), to invest in projects and organisations that provide solutions to societal and environmental problems; placing people, the planet and profit on the same level of importance.
The new venture recently made its first acquisition with a mixed-use industrial site at Bilsthorpe, Nottingham. The financial returns from this site will be invested to create positive impact communities and the planet.
TIB secured plans to develop out the 17 acres of commercial zoned land and add value to the various existing commercial assets. They also plan to pursue carbon offsetting and renewable energy opportunities within the site. All profits from income and capital sums will be used for other Impact Investment projects, which will be-multi sector.
Alex Boyle, Managing Director of In-site and TIB, said:
“We are excited to have purchased Bilsthorpe Business Park. It is a mixed-use site. At the moment, there are a whole range of uses - from commercial property through to renewable energy opportunities. For now, the site’s commercial tenancies will remain, generating profits to be invested to deliver our Investing for Impact strategy.
We are working to develop an impact plan for the site, to change the way we manage the site to continually derive more positive impact from it for people and for our planet.”
Tim Cross, Managing Partner at Langleys Solicitors, adds:
“In-site are using their expertise and resources from within the industrial property market to make a difference. This is beyond giving back. There is enormous development potential on the Bilsthorpe site for The Impact Branch. We are delighted to have acted on their behalf on the purchase of this 272 acre site from Harworth Estates.”