Harworth secures 267,000 sq ft of I&L lettings

Harworth secures 267,000 sq ft of I&L Investment Portfolio lettings, delivering £2.5m of annualised rent, including £1.6m at Droitwich 170

• 169,400 sq ft letting at Droitwich 170 with UK logistics provider, Uniserve, on 10.25 year term-certain lease
• Since 1 July 20251, five lettings of vacant space have completed across 267,000 sq ft, at rents of £9.28 psf2, and 1.4% ahead of ERVs
• Investment Portfolio EPRA vacancy reduced to 1.0%; Droitwich in Worcestershire, the Advanced Manufacturing Park, Catalyst and completed units at Gateway 36, in South Yorkshire all now 100% occupied

Harworth Group plc (LSE: HWG), a leading regeneration and strategic land owner and developer, has secured 267,000 sq ft of Industrial & Logistics ('I&L') lettings on previously vacant space, in its Investment Portfolio since 1 July 20251. These transactions contribute to a reduction in the Investment Portfolio EPRA vacancy to 1.0% (H1-2025: 4.9%) and deliver an additional £2.5m in annualised rental income, equating to £9.28 psf2, 12.6% ahead of the H1-2025 Investment Portfolio Grade A headline rent of £8.24 psf2.

Lynda Shillaw, Chief Executive of Harworth, commented: "Our asset management team has secured several significant lettings, most notably at Droitwich, our largest single-unit speculative development, which only reached practical completion in August. Our network and market intelligence has enabled us to successfully capitalise on the strong demand for Grade A space in our regions, bringing the portfolio to near full occupancy, setting new headline rents and demonstrating the portfolio's reversionary potential.

"Our strategy of growing our I&L Investment Portfolio by building out our consented pipeline of 8.7m sq ft3 is bearing fruit. Achieving 100% occupancy at Droitwich, the Advanced Manufacturing Park, Catalyst and Gateway 36 is a strong endorsement of this strategy, the quality of our product, and location of our sites as we optimise delivery opportunities across our consented land bank."

• Gateway 36 (Barnsley) letting of 50,000 sq ft on previously vacant space completed on 15 September 2025 and was included in H1-2025 results announcement as part of the post-period end events.
• Weighted average headline rent
• As at 30 June 2025.