What began in 1993 with a £2,000 inheritance has grown into something with a reach few could have predicted.
Today, Adderstone Group stands behind some of the most significant developments in the North East, maintains the infrastructure responsible for 40% of the UK’s container trade, and has delivered essential projects as far afield as the Falkland Islands.
From the outset, we were drawn to the hardest challenges – and drawn together by them: the listed buildings that had fallen into decline, the contaminated brownfield sites, the complicated plots, the projects written off as unviable, the complex tenures and titles, the forgotten locations, the developments others walked away from. Among them, the Grade I listed Tyne Theatre and Opera House – the last remaining working Victorian theatre auditorium in the world, rescued from disrepair and restored rather than lost.
What holds all of this together is not one person but a set of values; deeply entrenched – instilled early by our founder and the colleagues who built the Group alongside him. These values are now owned by everyone who works here: purpose becomes profit. It’s better to be than to appear to be. Clarity and simplicity are found by working through the complexity, not around it. Entrepreneurialism is what got us here – and what keeps us going. Risk, properly weighed, is never something to be scared of. Long term value beats short term gain. Shared interests endure when underpinned by shared values. Empowerment gives rise to accountability and ownership.
Nowhere have these values been tested and proven more than in the city where it all started and where our impact runs deepest.
In Newcastle’s urban core, more than 1.6% of the population live in homes developed by Adderstone, and the Group owns or has developed 2 million sq ft of commercial space in which more than 11,700 people work.
The impact of these values reaches beyond the work itself and into the communities we serve – more than £1 million in charitable contributions have been made via the Adderstone Foundation.
Our geographies, sectors and projects will continue to evolve. Our principles will not.
The obstacles are our path.
We find purpose, build places and change the lives of others as well as our own, along the way.
Tackling the ongoing housing crisis, Adderstone Living is one of the UK’s fastest growing developers of affordable housing solutions. Working with key social housing providers, Adderstone Living delivers homes and shapes communities across the UK. Tomorrow’s homes, built for living well today.
Adderstone Civils delivers highly technical civil engineering projects from foundations and substructure masonry to public roads and highways. Quality workmanship, attention to detail and long-term performance aren’t optional – they’re the standard.
Based and operating in London, Adderstone Nova is a specialist fit-out contractor delivering thoughtfully designed office, leisure and hospitality spaces. With an eye for potential, Adderstone Nova combines meticulous planning, expert craftsmanship and refined design to deliver spaces that both impress and endure.
Adderstone Management shapes the places people work and do business. Providing property management services to a diverse portfolio of industrial, office, retail and leisure spaces across the UK. Commercially focussed and strategically led, the Adderstone Management team is made up of experienced professionals who support the wider Adderstone Group.
Adderstone Construction delivers end-to-end construction services for the public, commercial and community sectors. With over 25 years of experience across healthcare, logistics, commercial and residential projects, the team specialises in new development, complex refurbishment and building safety upgrades, creating spaces built to stand the test of time.
Providing end-to-end construction services, Adderstone Falkland Islands delivers practical, durable projects designed to withstand the islands’ unique conditions, supporting the community with infrastructure built to stand the test of time.
Championing entrepreneurial philanthropy, Adderstone Foundation supports charities and causes in the UK and around the world. Guided by a belief in making good things happen, the Foundation focuses on causes where support can create tangible, lasting impact.
Tackling the ongoing housing crisis, Adderstone Living is one of the UK’s fastest growing developers of affordable housing solutions. Working with key social housing providers, Adderstone Living delivers homes and shapes communities across the UK. Tomorrow’s homes, built for living well today.
Adderstone Civils delivers highly technical civil engineering projects from foundations and substructure masonry to public roads and highways. Quality workmanship, attention to detail and long-term performance aren’t optional – they’re the standard.
Based and operating in London, Adderstone Nova is a specialist fit-out contractor delivering thoughtfully designed office, leisure and hospitality spaces. With an eye for potential, Adderstone Nova combines meticulous planning, expert craftsmanship and refined design to deliver spaces that both impress and endure.
Adderstone Management shapes the places people work and do business. Providing property management services to a diverse portfolio of industrial, office, retail and leisure spaces across the UK. Commercially focussed and strategically led, the Adderstone Management team is made up of experienced professionals who support the wider Adderstone Group.
Adderstone Construction delivers end-to-end construction services for the public, commercial and community sectors. With over 25 years of experience across healthcare, logistics, commercial and residential projects, the team specialises in new development, complex refurbishment and building safety upgrades, creating spaces built to stand the test of time.
Providing end-to-end construction services, Adderstone Falkland Islands delivers practical, durable projects designed to withstand the islands’ unique conditions, supporting the community with infrastructure built to stand the test of time.
Championing entrepreneurial philanthropy, Adderstone Foundation supports charities and causes in the UK and around the world. Guided by a belief in making good things happen, the Foundation focuses on causes where support can create tangible, lasting impact.
Ian established the Adderstone Group in 1993 and continues to support Adderstone’s strategic growth, providing guidance and expertise across key projects, partnerships and investment activity.
Founder,
Professor at Durham University,
BSc (Hons), PhD, MRICS, FRGS,
Adderstone Group
Michael leads the day-to-day operations of Adderstone Group, overseeing strategy, delivery and performance across the business. He works with the leadership teams to drive the Group’s development, investment and asset management activities.
Group Chief Executive Officer,
Adderstone Group
Richard leads legal, governance and corporate structuring matters across the Group, while playing a key role in its management and strategic direction.
Group General Counsel,
Adderstone Group
Adderstone Living is delivering two schemes for North Tyneside Council, providing 36 affordable homes in Longbenton and a new children’s home in North Shields.
Rick Long, Managing Director for Yorkshire at Adderstone Living, sets out why the planning system needs greater investment and reform to keep pace with the country’s growing housing need.
Adderstone Group’s Gainsborough House has added another high-profile name to its line-up, with one of the North’s leading independent accountancy and advisory firms, Clive Owen LLP, taking a suite in the landmark Grey Street building.
Pegasus Group estimates that five ongoing affordable housing developments by Adderstone Living will generate £37.3 million in economic output during construction.