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Marcol Waystone LLP Joint Venture

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Marcol Industrial announce today they had formed a strategic partnership with Waystone, a Derbyshire based developer, to take forward the regeneration and development of up to 400 acres of land to the north of Junction 5 of the M18 motorway in Doncaster.

Marcol Industrial is part of the Marcol Group, the London based property company headed by Terence Cole and Mark Steinberg which has extensive interests in a range of asset classes both in the UK and Europe.  Complementing Marcol's experience, Waystone offers specialist expertise in the development of large and complex sites requiring remediation and infrastructure.

The partnership anticipates breaking ground in 2016 and is also looking to support Doncaster MBC's strategic plan to improve the highway network with the construction of a new link road from Junction 5 of the M18 providing a catalyst for investment, new housing and employment.

Nigel Lax of Marcol Industrial said that "we are delighted to have cemented our relationship with Waystone and the McLoughlin family who are very well respected and our venture represents an important part of Marcol's strategic land portfolio in this region".