Salmon Developments has appointed Danny Sheehan as Finance Director, with responsibility for all finance and accounting functions...
Salmon is an investor and developer of commercial property and is one of the top independent property development companies in the UK.
Salmon consists of three companies: Salmon Harvester Properties Ltd, Salmon Harvester Opportunity Fund and Salmon Developments PLC.
Salmon Developments PLC was formed in 1989 as a property development company and based itself in Mount Street, London W1. In 1994 Salmon formed a joint venture company, Salmon Harvester Properties Ltd (SHP), with National Farmers Union Mutual Insurance Co Ltd (NFUM), an insurance company who currently have £13bn of funds under management of which some £1.2billion is held in property. SHP was set up as a trader and has established an excellent track record in development in all commercial property sectors UK wide.
In 2007 SHP set up Salmon Harvester Opportunity Fund (SHOF) to add Investment Property capabilities to complement its development activity. SHP is an investor in, as well as being the Fund Manager for, SHOF which has acquired £120m of property and is seeking further purchases to grow the fund.
All projects are run by a dedicated in house team with development, investment, asset management, construction and financial skill sets.
The group operates with an existing £150m facility provided by NFUM.
Salmon Harvester Properties Ltd (SHP) is a joint venture company with Salmon Developments PLC and National Farmers Union Mutual Insurance Co Ltd (NFUM), an insurance companywith a £1.2 billion Property Investment Portfolio and over £13 billion of funds under management.
SHP has a portfolio of developments, each of which are valued between £7m - £100m.
Salmon Harvester Opportunity Fund is £150m joint venture between NFU Mutual and Salmon Harvester Properties. The Fund's aim is to acquire and manage investments nationwide across all commercial sectors where we can add value by active management. In addition the Fund is seeking to invest in secure, long dated income, benefiting from attractive yield profiles.
Salmon Developments PLC was formed in 1989 as a property development company and has had continued success within the UK commercial property sector during this period.
Salmon Developments PLC has a developments valued between £2m - £10m.
