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Adderstone Nova wins rooftop contract

Adderstone Nova, the London based, specialist fit out contractor within Adderstone Group, has been appointed by private global investment group Unity Land to develop a new rooftop terrace at Byron House on St James’s Street, London.

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Adderstone Civils appointed as incumbent contractor at UK’s largest port

Adderstone Civils secured a major civil engineering contract as principle contractor at the Port of Felixstowe which handles around 40% of the UK’s container trade.

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Launch of Adderstone Construction (Falkland Islands) Ltd

From the North East to the South Atlantic, Adderstone Group has expanded its footprint more than 8,000 miles from home, establishing a new business in the Falkland Islands.

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Adderstone continues to drive growth and impact

Adderstone Group, has released its latest business insight data, presenting a compelling update on the Group’s contribution to the North East economy and communities.

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Adderstone Living Expands into Midlands with Senior Leadership Appointments

Adderstone Living has made a significant move in its national growth plans with the appointment of two senior professionals to head up its Midlands expansion.

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Adderstone Living opens Leeds office

Adderstone Living’s office Yorkshire, is the latest phase of planned strategic growth by Adderstone Living.

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Adderstone appear on the NE Fastest 50 for the 5th time

Adderstone Group is pleased to be included in the 2024 North East Business Awards, marking our fifth appearance on this list.

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DYNAMIC MOVES: Adderstone Living continues to go from success to success – we have been accepted on to the Homes England Dynamic Purchasing system

 

 

Tyne Bridge House – Insider North East Property Awards 2023

Tyne Bridge House wins ‘Design Excellence’ award at Insider Media North East Property Awards 2023.

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Toll Bar Retail Park expands with new tenants 

The Gym Group join Toolstation and B&M at Toll Bar Retail Park in Sunderland.

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Pipewell Quay award season 2022  

Pipewell Quay scoops up commercial and regeneration awards at UK Property Awards, British Council for Offices, and Insider awards.

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Adderstone expands Yorkshire portfolio with a new deal with Bartoline Limited 

Adderstone signs deal with Bartoline Limited, Europe’s leading manufacturer of decorating sundries for the retail, trade and DIY sector, marking the expansion of Yorkshire portfolio.

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Adderstone London move to new HQ  

Adderstone London move offices to new acquisition, 7 Stratton Street. The new HQ was launched with a book signing with Bradley Hope, author of New York Times bestseller ‘Billion Dollar Whale’.

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Adderstone expands nationwide investment portfolio

Adderstone’s groupwide investment portfolio grows through a combination of redevelopment and direct acquisitions, and ongoing developments.

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Great Run Company move into brand new development Tyne Bridge House

Situated on Bottle Bank overlooking the River Tyne, the landmark 5,259 sq ft development will deliver premium, Grade A office space.

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Adderstone transforms former nightclub into new Quayside landmark

The former Baja Beach Club has been transformed into Grade A office space and become the new home of leading North East technology company, Aspire Technology Solutions.

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Adderstone 1993 Ltd – fastest growing large company in region

Adderstone 1993 Limited is crowned fastest growing large company in the North East in the 2020 Ward Hadaway Fastest 50 Awards.

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Fleming Building

Adderstone Group ‘amongst most inspiring companies’

Adderstone 1993 Limited is included on the London Stock Exchange’s list of the UK’s most inspiring companies.

The Launch of Adderstone Living

Adderstone Group sets up a division for social housing needs.

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Ian Baggett

Ian Baggett becomes Fellow of Royal Geographical Society

In October 2019 Ian is recognised as a Fellow of the Royal Geographical Society.

Adderstone Group

Adderstone 1993 Ltd is third fastest growing business in region

Adderstone 1993 Limited comes second in the ‘medium sized business’ category and third overall for the awards.

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Fleming

Adderstone Group moves into new HQ at The Fleming

In late summer 2019 Adderstone Group moves its head office operations to Grade II listed The Fleming in Newcastle upon Tyne.

Skwall

NE based counter terrorism firm backed

Adderstone Group invest seven-figure sum into award-winning counter-terrorism company, OpenWorks Engineering.

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Fleming Building

Four commercial assets acquired

Acquisitions include Grade II listed The Fleming, the former Baja Beach Club, Buzz Bingo / KFC in Byker, Newcastle and Plantain Place in London.

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Michael Shipley

Profits increase announced and record year forecast

The Group declares consolidated annual profits of £4.52m and turnover of £38.1m in the financial year to 31 March 2018.

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Gainsborough House

Prestigious Newcastle office block purchased

Adderstone Group purchase Gainsborough House located on Newcastle’s acclaimed Grey Street.

London Office

Adderstone London office launched

Headed up by Director, Philippa Gray, Adderstone Group open their first office in the capital.

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Jesmond Exchange

Residential scheme wins at NE Property Awards

Adderstone Group’s Jesmond Exchange is voted ‘Residential Development of the Year’ at the 2018 Insider North East Property Awards.

Leeds Cobalt

Consolidated annual profits reach £4.45m

Adderstone Group’s annual results highlight continued growth, with turnover increasing from £34m to £43m.

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Adderstone Group purchase Rivergreen

Rivergreen Centre purchased

Adderstone Group, complete the purchase of the Rivergreen Centre, Durham, home of Atom Bank.

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Eastlands

Restoration project wins prestigious RICS award

Adderstone Group’s Eastlands is ‘highly commended’ at The Royal Institution of Chartered Surveyors (RICS) Awards 2017.

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Union Square

500 student beds sold in £30m + deal

Two purpose-built student housing properties are sold to Starwood Capital Group for £34m.

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Annual Profits

Profits jump 38 per cent

Adderstone Group, declare annual profits of £4.33m, on the back of consolidated turnover of £35m to year end March 2016.

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Lidl

Blyth Lidl store delivered

Taemar Ltd (now Adderstone Projects), complete second Lidl store for the  supermarket giant in Blyth, Northumberland.

Awards Win

Exchange Residential triumph at regional student housing ‘Oscars’.

Exchange Residential voted Newcastle Student Letting Agent of the Year 2016.

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Lidl Killingworth

Lidl contract win

Adderstone Group’s construction specialist Taemar Ltd (now Adderstone Projects),  build new Lidl store in Blyth.

London

First residential development gets underway in London

Adderstone Group embark on the creation of four luxury apartments at Sultan House, Bermondsey.

Gosforth Greggs

Annual profits increase by 48 per cent

Adderstone Group declare profits of £3.12m on the back of consolidated turnover of £25m to year end March 2015.

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AVOCA Image

Successful property management business sold

In October 2015 the Group complete the sale of Avoca Estate Management to Kingston Property Services for an undisclosed sum.

Gosforth Joinery

Specialist joinery business sold

Adderstone Group sells Gosforth Joinery, supporting the Group’s plans to consolidate back to core property development business.

Adderstone Group

Union Square triumphs at housing awards

Adderstone Group’s Union Square student accommodation is voted North East and Newcastle Student Halls of the Year.

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Student Accommodation

Largest student scheme to date completes

Adderstone Group’s 266 bed Stepney Yard accommodation opens to students from across the globe.

Thomas Bewick House

£9m ground rent disposal deal completed

In October 2014, Adderstone Group announced their second multi-million-pound disposal deal in two-years.

Adderstone Group announce strong annual results

Adderstone Group announced strong consolidated trading results of £2.1m profit and £22m turnover for the year April 2013 to April 2014.

Union Square

228 bed student development opens for business

In September 2014, the doors opened at Union Square, 228-bed student development in Upper Ouseburn, Newcastle upon Tyne.

Gosforth Joinery

Hastie Burton Stairs rebrands to become Gosforth Joinery

In July 2014, Hastie Burton Stairs broadens its service offering and rebrands to become Gosforth Joinery.

Beadnell

Housing development in coastal beauty spot

Works begin on £2m residential development in acclaimed beauty spot, Beadnell in Northumberland.

Ian Baggett

Ian Baggett joins board of Entrepreneurs’ Forum

After being voted ‘NE Entrepreneur of the Year’ in 2007 from peers at the Entrepreneurs’ Forum, in January 2014 Ian Baggett joins the board.

Ground Rents

£17 million disposal deal one of biggest in region

Adderstone Group is responsible for one of the largest freehold property disposals in the UK.

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Union Square

Annual profits double

At the end of the financial year 2012-13, Adderstone Group report a doubling of annual profits to £950,000.

Gosforth Joinery

Purchase of historic staircase company

In April 2010, Adderstone Group purchase the renowned North East staircase business, Hastie Burton Stairs.

Quaywest

Business Park wins industry recognition

Adderstone Group is awarded special commendation by RICS for the Quay West development, Sunderland’s first business park in decades.

Quaywest

Conversion of historic shipyard

Adderstone Group completes the 100,000 sq. ft Quay West Business Park in Sunderland on the site of the former Austin & Pickersgill shipyard.

Moorlands

Conservation project restores former glories

The Group restored five luxury apartments in a Newcastle suburb at the height of the economic downturn.

Eastlands

Victorian Mansion converted into spectacular home

The Group embark on the stunning conversion of a derelict Victorian mansion, which had fallen into disrepair. The project went on to win an RICS award.

Bewick House

Dedicated ground rent collection agency is launched

2009 sees the launch of Forte Freehold Management Limited, the Group’s dedicated ground rent collection agency.

The Exchange

Former Telephone Exchange transformed

Adderstone Group convert a telephone exchange on the edge of an attractive conservation area of Newcastle into a popular office block.

Adderstone Foundation

Adderstone Foundation is launched

Adderstone Foundation is the company’s way of putting something back into the community through support for causes and charities which resonate with the Group.

Keel House

Development of Keel House

In 2007, Adderstone Group complete the mixed use development, Keel House overlooking Newcastle’s famous Quayside.

Ian Baggett

Adderstone CEO becomes ‘Entrepreneur of the Year’

In 2007 Adderstone Group Founder CEO Ian Baggett is voted NE ‘Entrepreneur of the Year’ by his peers at the Entrepreneurs’ Forum.

Railway Club

Restoration of Gateshead Railway Club

Adderstone Group convert the historic, listed Gateshead Railway Club into apartments and bar.

Rehearsal Rooms

Conversion of Grade I Listed Rehearsal Rooms

Adderstone Group convert Grade I listed former Rehearsal Rooms at the Tyne Theatre into 12 luxury apartments.

Tyne Theatre

Historic Tyne Theatre saved from closure

One of Adderstone Group’s most notable development projects to date was the salvage and restoration of Newcastle’s historic Tyne Theatre on Westgate Road.

Brims Logo

Brims Construction reforms

In 2006, the ‘Brims & Co’ name was reincarnated when Brims Construction Ltd was created by brothers Jason and Richard Wood, Ian Clift and Adderstone Group’s Ian Baggett.

Bewick House

Historic city building transformed

In 2006, Adderstone Group manage the restoration of Grade II listed Thomas Bewick House, in Newcastle into apartments and leisure.

AVOCA Image

Launch of dedicated property management company

Adderstone Group launches a dedicated block management business, Avoca Estate Management.

Waterloo House

Stunning conversion of Victorian warehouse

Adderstone Group complete the conversion of Victorian warehouse, Waterloo House in Newcastle to a mixed use development.

Ground Rent Estates

UK Ground Rent Estates is formed

2005 sees the inception of UK Ground Rent Estates, Adderstone Group’s dedicated freehold acquisition company.

Adderstone Construction

Launch of Adderstone Construction

Adderstone Construction is born out of years of company growth and the need for a construction specialist to facilitate projects.

Railway Club

Residential investment portfolio generates £5m

Adderstone Group branch out from the student market into general residential accommodation.

Exchange Residential

Launch of Exchange Residential Limited

In October 2003, Exchange Residential began life as Adderstone Group’s dedicated letting agency.

Historic Restoration

Significant restoration project underway

In 2002, the Group embarks on restoring Osborne Terrace in Newcastle, converting six Victorian villas into 48 high-quality apartments.

Mikasa House

First investment in commercial property

Adderstone Group purchase the 9,000 sq. ft office, Mikasa House on Newcastle Business Park, the company’s first commercial acquisition.

Adderstone Group

Adderstone Group is officially formed

The company focuses on student development opportunities operating from a small office in the suburbs of Newcastle.

Osborne Terrace

Student accommodation portfolio is established

Between 1994 – 1999 Ian’s student accommodation portfolio grows to over 200 homes in key North East cities.

Steavenson Terrace

The Adderstone story begins

Ian Baggett carries out first property development in Bowburn, County Durham after receiving a £2,000 inheritance from his gran.