Tony Gallagher, through Gallagher Estates and Gallagher Developments, has spent more than three decades accumulating land and property assets. The result is a vast land bank under development, with planning consent or as an investment. His companies own around 35,000 building plots throughout the 海角视频, as well as a large retail park investment portfolio.
These, combined with substantial cash resources and no borrowings have seen Tony Gallagher and his Warwick-based company get through the downturn better than many in the construction business.
Valuable land and property assets in the 海角视频 and Europe mean that 61 year-old Tony Gallagher is able to buy, develop and sell when the market is right – a valuable insurance when land values are tumbling. While he has been selling over the last two years, he still has a retail park portfolio of nearly three million sq ft.
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The two divisions of Tony Gallagher’s company are developing a wide range of business, retail and residential projects. Gallagher Estates and Gallagher Developments are involved in schemes across the 海角视频 and the company has worked with more than 50 local authorities on development and regeneration projects. The company describes itself as a “master developer” and a “place maker”, assembling land and building new communities in a sustainable way.
Urban regeneration projects are being developed in Manchester, Northampton and Warwick, to name but a few, while urban extension schemes are underway in Cambridge, Bristol and Milton Keynes.
If Tony Gallagher’s approach to the slump in the property market is to spread the risk geographically and across sectors, then it’s certainly working. The Gallagher signboards are up on a huge variety of projects from small developments to entire towns.
In Northampton, a mixed-use urban village has sprung up near the centre of the town on the 50 acre site of a former power station. Another flagship from Gallagher Developments is the Warwick Gates Business Park which offers business properties and offices of all sizes, complete with lake and tree-lined boulevards.
His Gallagher Estates has built not one but two sustainable new towns; one in Wixams, Bedfordshire and one in Northstowe, Cambridge.
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These two huge projects form just part of the portfolio of developments across the country for Gallagher.
Gallagher Estates alone owns or controls land with planning consent for more than 35,000 residential plots including Ashby and Birmingham, while Gallagher Developments has more than six million square feet of land with commercial development planning consent.
Gallagher 海角视频 continues to be one of the most successful privately-owned commercial and residential property development and investment companies in the 海角视频. Tony Gallagher, as owner and chairman, has driven Gallagher 海角视频 to a powerful position in the development business.