SENIOR HIRE IN NORTHERN PUSH

Date: 13 September 2022

Group expanding its presence outside Scotland

david hodgson
What: M2 Group, trading as Miller Developments, has hired David Hodgson from CEG as development director

Why: Developer and investor is looking to grow its platform, building on existing Northern projects

What next: Hodgson to start at the end of September

M2 Group, trading as Miller Developments, has hired former Commercial Estates Group (CEG) head of strategic development David Hodgson to spearhead its growth in the North of England and the North Midlands, React News can reveal.

At M2, Hodgson will build on the group’s existing presence in the North, with the group initially focusing on strategic land, housing sites and logistics developments.

Speaking to React News, Hodgson said his new role at M2 would enable the group to build on its reputation as a “ambitious, dynamic property company”.

“The team has built a strong presence in the North already through the likes of Omega [a £1bn logistics and housing development in Warrington] and I intend to use my experience from CEG to build on that. M2 transacted on over £200m of deals in August alone, demonstrating the scale of ambition.”

“In the immediate term we will be focusing on strategic residential sites and logistics, but we’re a small, nimble, extremely well financed company and nothing will be off the table.”

Hodgson will be based in Harrogate and will cover the whole of the North of England, as well as areas of the North Midlands such as Nottinghamshire and Leicestershire, with Hodgson looking to “get out in to the market” when he starts his role in the coming weeks.

“We have no set size or criteria for the sites we’ll look to acquire, but larger plots will be more in focus”, he added.

M2 builds on Northern presence

Hodgson joins after 17 years at CEG, where he led on projects including the Temple masterplan in Leeds and a large-scale redevelopment of Manchester’s 20-36 High Street before the site was sold this year.

During his time at CEG, the company transacted on more than £1.2bn of strategic land, and remediated and developed more than 1,250 acres of brownfield land. The model of being able to offer consented land to the wider housebuilder market is also something that M2 are seeking to build on.

Hodgson’s appointment comes off the back of two significant site sales for M2, including one at Omega, where Bellway purchased 13.5 acres to build around 200 homes. The group also sold another site in Auchendinny in Midlothian to the same housebuilder, which has consent for 395 homes.

M2 Group, which completed a management buyout of Miller Group’s commercial business in 2018, is expected to target opportunities to redeploy capital from the recent sales as the developer looks to expand its existing portfolio. The group is headquartered in Glasgow and is led by managing director David Milloy.

PROJECTS

Head Office:
201 West George Street
Glasgow G2 2LW

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© 2023 M2 Group Ltd, Registered in Scotland, SC601917

© 2023 M2 Group Ltd
Registered in Scotland
SC601917