Hargreaves Land acquires Ptarmigan’s York operation
The regeneration and development arm of County Durham-headquartered Hargreaves Services will incorporate the land promotion firm’s team into its central regional office in Leeds.
Hargreaves has a group revenue of more than £210m per year, a global headcount of 1,300 and controls more than 11,000 acres of future development land, predominantly in northern England and Scotland.
The York-based office of land promoter Ptarmigan Land, which is headquartered in central London, has established a portfolio of sites since 2022.
The move will see Steve McBurney take up a new position of strategic land director at Hargreaves Land. Craig Woolmer will also move to Hargreaves Land as senior strategic land and planning manager.
David Anderson, group property director at Hargreaves, said: “We’ve been very impressed with Ptarmigan Land North’s progress since it was established in 2022. Steve and Craig bring a wealth of experience in land acquisition, planning promotion and land sales in the northern market. The acquisition is a perfect fit with our ambitious long-term plans to grow our existing strategic land portfolio.”
Hugo Kirby, chairman of Ptarmigan Land, said: “The approach from Hargreaves Land for our northern business was a useful opportunity for us to review our regional strategy and re-focus on our rapidly growing portfolio of sites in our core region. We wish Steve, Craig and Hargreaves Land all the very best for the future.”
Steve McBurney, strategic land director of Hargreaves Land, said, “I’m thrilled to be joining Hargreaves Land at such an exciting time. Craig and I look forward to working with the team to progress our existing sites and growing pipeline of future opportunities. We’ve thoroughly enjoyed the last two years and we thank Ptarmigan Land for their support.”
McBurney worked at CEG for around 14 years before moving to land promotion-specific firms, first Highgrove and then Ptarmigan.