Executive Summary
Property Recycling Group plc specialises in acquiring and improving brownfield sites for sale to developers or future end users. The group selects sites where value can be increased significantly through remedial works and improved planning. The Norfolk based company operates against a backdrop of an ever increasing national shortage of residential and commercial development land, a pressure felt particularly in the South East and East of England. The directors believe that the development of brownfield sites - predominately redundant industrial sites - is more likely to gain local acceptance than that of greenfield sites. This approach also provides the possibility of significant amenity improvements. The current portfolio consists of four freehold sites totalling 195 hectares.
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