Ian Baggett is the CEO and founder of Adderstone Group.
Ian’s first development was funded in 1994 with £2,000 inheritance and a £13,000 loan from Northern Rock secured against his undergraduate dissertation on the geography of student accommodation in Durham.
Adderstone Group is now the largest privately-owned property investment, development and construction business in the North East of England.
An independent report recently published by Nathaniel Lichfield & Partners Limited confirmed that Adderstone Group owns or has developed 1,310,366 sq. ft of commercial floor space, created 17,690 supply chain jobs, contributed £443m GVA economic output and that 2,691 people now live in homes developed by the Group. £495,502 has been contributed to good causes via the Adderstone Foundation*.
Prior to focussing full time on building the Adderstone Group, Ian served as a commissioned officer in the Royal Navy, became a published author and completed a PhD in geopolitics.
Ian’s successful track record and unique experience across a range of sectors (military, academia and business) has seen him become a major asset to the Boards at both OpenWorks Engineering Limited and Turbo Power Systems Limited.
*Independent research carried out by Nathaniel Lichfield & Partners Limited to December 2018.