Latest report on Paper Mills Asset Opportunities in the UK conducted by Carter Jonas - 2024Carter Jonas is a major corporate property consultancy in the UK.
Paper Mills
Introduction
UK paper mills remain a significant contributor to the UK economy, with 54,000* people currently employed in the manufacturing of paper and paper products. Asthe industry continues to evolve, it is vital that paper mill owners have a proactive strategy to optimise their property assets.In cases where paper mill sites are no longer fit for purpose, their specific characteristics can offer unique opportunities and challenges for determining the exit strategy. Proposals typically need to take account of economic considerations - such as the impact on local communities - collaboration with the public sector and an understanding of the staged process to achieve long-term viable redevelopment and a suitable divestment for the landowner/ operator. This requires a comprehensive understanding of the associated risks, such as contamination.
Carter Jonas consider some of the opportunities and points to consider when assessing the potential forselling/evaluating a paper mill and specifically, the underlying redevelopment opportunities/constraints relative to alternative uses such as residential or wider commercial.
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Paper Mills Opportunities by Carter Jonas - 2024
Don't hesitate to contact Andrew Smith, partner at Carter Jonas, for all inquiries on the UK market.
andrew.smith@carterjonas.co.uk