Developer targets further growth in Scotland

Matt Bellshaw

DEVELOPER HBD has marked a period of ‘significant investment and growth’ in Scotland with a new senior appointment and promotion at its Glasgow base.

Matt Bellshaw has been named director for Scotland while Nigel Munro, who has been with HBD for four years, has been promoted to project director to help deliver new projects north of the border.

Nigel Munro

Matt has over 15 years’ experience in the sector, having previously held positions at commercial property firms.

Ed Hutchinson, MD of HBD said, “HBD has experienced substantial growth in the last year, so it’s a really exciting time for us, and that’s especially true in Scotland. Following our hugely successful TECA project in Aberdeen, we’re keen to continue increasing our development activities in Scotland. We’ve brought Matt on board to really drive this forward. He has an excellent knowledge of the Scottish market and his expertise will make him an invaluable part of the HBD team.”

Matt Bellshaw said, “We will mainly focus on urban development projects including work space, hotels, and the residential sector including private sale, build-to-rent and student accommodation. Scale is not an issue for HBD. We have an enviable balance sheet and we’re ready to invest in the right projects that reflect our passion for innovation.

“80% of our developments are carried out as joint ventures or partnerships, so we’re always on the lookout for opportunities to work with both public and private sector partners. It’s great to be joining HBD at this time and with the support of Nigel, who oversaw the remarkable TECA project, I’m looking forward to an exciting year ahead for HBD in Scotland.”

HBD recently rebranded from Henry Boot Developments.