Rotherham-based brownfield regeneration firm Harworth Group and Sheffield-based property investment group Henry Boot on Tuesday announced a joint venture “to pursue a strategic land opportunity in the Midlands.”

Harworth said it entered into a 50-50 joint venture with Hallam Land Management Limited, part of Henry Boot plc, with a view to promoting and developing a mixed-use strategic land opportunity in the Midlands. 

Harworth Group CEO Owen Michaelson said: “This deal represents the continued expansion further south of our strategic land bank, leveraging the value brought by our regional operating model. 

“We look forward to working with the Hallam team on this new opportunity.”

Henry Boot CEO John Sutcliffe said: “This deal represents the continued expansion of our strategic land bank, leveraging the value brought by our regional operating model. 

“We look forward to working with the Harworth team on this new opportunity.”