Scarborough rebrands management services arm
The developer is relaunching the division as Teesland Development Services and is aiming to provide third-party services to real estate lenders, investors, and occupiers.
Launched 18 months ago as Scarborough Management Services, the rebrand places ‘development’ at the heart of the brand, while also reviving a respected name from the Group’s history.
Teesland was reorganised by its parent, SGI, in the 1990s and grew into one of the UK’s leading development and fund management businesses, managing more than £5bn of assets across 14 countries before its sale to Valad of Australia in 2007.
Many lenders are dealing with increasingly challenging situations, owners and investors face tightening sustainability regulations, the public sector holds vast underutilised land assets, and corporates are seeking turnkey development solutions without in-house capability.
It is within this landscape that Teesland Development Services operates, providing the specialist expertise needed to de-risk projects, unlock value and deliver sustainable, income-generating assets.
Teesland Development Services is headquartered at SGI’s flagship Thorpe Park Leeds development with offices in London, Manchester, Sheffield and Edinburgh, and will be led by chief executive Simon McCabe in close collaboration with Nicola Bulley, group marketing and
business development director.
Nicola Bulley said: “Over the past 18 months we’ve seen a growing number of organisations turning to us with projects that are complex, high-profile or strategically important…
“By bringing back the Teesland name, we’re making clear that development management is our focus and drawing on a heritage that shows we can deliver at scale. It gives us both the platform and the momentum to grow in line with the demand we’re seeing.”
Simon McCabe added: “Teesland played a hugely-significant role in Scarborough Group’s history, growing into one of the UK’s leading development and fund management businesses with an international footprint.
“This rebrand is about reconnecting with our heritage while applying that same experience to the challenges and opportunities of today’s market.”
