Adderstone Group is one of the UK’s most well-established, privately owned residential and commercial property development and investment businesses.
Born out of the entrepreneurial vision of Ian Baggett, who completed his first property development on the back of a £2,000 inheritance in 1993, Adderstone Group was formally established in 2000.
At Adderstone Group we are committed to a focus on sustainability and ensuring that, throughout all of our developments and investments, we create and deliver exceptional places that improve and regenerate the areas where they exist. We deliver commercial and residential solutions that stand the test of time. We do this by working in partnership with the communities local to our developments and by valuing the people that work on our projects.
Adderstone Group has grown exponentially and is now synonymous with property development and investment, progressing a UK wide portfolio after initially focussing on development in the North East of England. The Group opened its first London office in Summer 2018.
Alongside our property development focus, the Group includes thriving and forward-thinking Construction, Management, Investment and Estates divisions all which provide collaboration with the fundamental activities of the business in property led markets. This means we can continue to utilise Group synergies as well as provide solid support infrastructure for core activities and third party clients.
In 2018 an independent report published by Nathaniel Lichfield & Partners Limited confirmed that Adderstone Group has owned or developed 1,310,366 sq. ft of commercial floor space, created 17,690 jobs, contributed £443m GVA economic output and that 2,691 people now live in homes developed by the Group*.
Headquartered in Newcastle upon Tyne, companies operating within the Adderstone Group of businesses employ in excess of 300 people.
Adderstone Group is currently progressing a £100 million development portfolio of works in pipeline and a growing commercial property portfolio totalling over 1.6 million sq. ft.
Our vision remains the same as that which was in place at the start of the company, to regenerate, to be dynamic and to be innovative in every development project we undertake.
*Independent research carried out by Nathaniel Lichfield & Partners Limited to December 2018.