Network Space partners with Grant Thornton

Newton-le-Willows-headquartered property developer and investor Network Space has appointed Grant Thornton to assist its move into a “new generation”.

The company is in the process of providing more than 2.5m sq ft of new industrial development across the Northern Powerhouse over the next five years.

Chief executive Richard Ainscough, who completed the takeover of the business from his father last month, has confirmed that Grant Thornton will act as an adviser on this next stage of its growth.

“We are at the beginning of a new chapter, not only for our business but also the industrial property sector,” he said. “With continued advances in technology, the sector will continue to evolve and in order to continue our success we must remain agile and focussed, as must our advisers.

“Neil and his team impressed us with their proactive approach to advising clients as well as their depth of sector resource and knowledge base.”

Neil Sturmey, partner at Grant Thornton’s Liverpool office, added: “We’re naturally delighted to be advising one of the Northern Powerhouse’s longstanding and influential property players as it enters a new phase of growth. It’s doubly-gratifying to be working with a family business which is supporting a sector crucial to the economic growth of our region.

“It’s really important that we work closely with Richard’s team to supplement their own expertise with our strategic input and ideas as well as connecting the business with our client and sector network.”

Main photo -Richard Ainscough and Neil Sturmey

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