The Grandstand, Bath And West Showground, Shepton Mallet, Somerset BA4 6QN
LONDON & WHARFEDALE IN MAJOR JOINT VENTURE WITH BROADHALL
9th November 2006
Chepstow based Broadhall is delighted to announce the formation of a new joint venture with Richard Froggatt’s London & Wharfedale. At the same time Richard joins Broadhall as Non-Executive Director. Broadhall Wharfedale, the new joint venture company has been set up with the specific aim of expanding development and regeneration business in South and West Wales.
Richard has for the past eleven years been Main Board Executive Director of St Modwen Properties PLC. Recent projects include the former Llanwern Steelworks and the Britannia Zinc site at Avonmouth.
Throughout his career Richard has created very close and successful longterm partnerships with Governmental, Corporate, Educational and Local Authority organisations. He has been a key figure in projects including the redevelopment of Farnborough Town Centre and the regeneration of the largest Local Authority owned shopping centre in the UK at Edmonton Green, North London, the acquisition of the UK operational portfolio of Alstom and of the MG Rover site at Longbridge.
Mike Davies of Broadhall commented, “We are delighted to welcome Richard to our Board. His interest in joining with Broadhall, particularly including our new joint venture shows a major vote of confidence in the projects we are undertaking throughout the M4 corridor of South Wales”
Richard commented, “I would describe myself as a property enthusiast who relishes challenges and my partnership with Broadhall will make good use of my skills. Mike Davies and I have known each other for many years and worked on the regeneration of Llanwern, this is a tremendously exciting opportunity for us all”.