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STOKE GROUP EXPANSION AIDS COMPLETION OF ETRURIA OFFICE VILLAGE

Leading facilities and energy management provider GSH Group, one of North Staffordshire’s biggest success stories, has expanded its accommodation on Etruria Valley Business Park, Stoke-on-Trent , by renting an additional office building on the 35-acre development.

Stoke-on-Trent Regeneration Ltd, the joint venture partnership between St Modwen and Stoke City Council, has let the 8,750 sq ft first floor of the final building in the 64,000 sq ft Office Village phase to GSH to enable it to expand its customer support centre facilities from its nearby headquarters.

GSH, established in 1895 in Hanley, are now an international player with over 1,750 employees. They are a leading provider of technology driven facilities and energy management solutions with more than 600 customers in all the major market sectors. They maintain more than 30,000 sites in the UK, continental Europe and the US.

Andrew Cox of Stoke-on-Trent Regeneration, said: “Completion of the fourth and final building on the Office Village is a significant stage of our development plans for Etruria. Following this latest letting to GSH Group we have successfully concluded the sale of the investment created with IM Properties (Nationwide) Ltd.”

Maxwell Segal, GSH Group¹s technology and innovations director, said: ³The new building is ideal because it is close to our headquarters, allowing our support functions to maintain strong ties with our customer support centre so we can work together to maintain high levels of service delivery.

“The headquarter building will become our job management and energy command control centre. It will be the innovative showcase for visiting and potential clients to see how we operate and for them to learn more about the benefits of using our energy management service and reducing their carbon emissions.”

Louis Taylor acted for Stoke-on-Trent Regeneration. GSH were unrepresented.

Notes to Editor:

The first phase of the redevelopment of Etruria Valley on part of the site of the former Shelton Steelworks has played a major part in the economic regeneration of Stoke-on-Trent.

Since 1998 more than 166,000 sq ft of offices have been created plus a 130,000 sq ft trade park constructed in three phases with an end value investment of more than £38 million. Among other occupiers attracted to the development are Consignia, HSBC, the CPS and Probation Service.

A masterplan is now being prepared for the next major phase which will extend over the remaining 90 acres of the former steelworks and comprise further employment space and a mixed residential scheme.

For further information contact Andrew Cox of St Modwen (01782 281844).

Issued by Paul Raymer of Howle Chapman Raymer (0121 313 1000).

Ref: MOD/37/08