The UK developer behind the new TECA events venue in Aberdeen has appointed a new director for Scotland.
HBD - which has rebranded from Henry Boot Developments - hired Matt Bellshaw from HFD Group and has promoted Nigel Munro, who has been with HBD for four years and oversaw TECA, to project director in Scotland.
Bellshaw is a University of Glasgow and Heriot-Watt graduate who has over 15 years’ experience in the sector with leading UK commercial property firms. He was part of the HFD team developing the high-profile Bothwell Exchange office development in Glasgow.
HBD managing director Ed Hutchinson 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.”
Outlining the company’s plans for a renewed period of growth in Scotland, Matt 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.”
