Springboard to success

Springboard to success

York-based Expresso Investments has made £7m of investments through its Expresso Properties division since moving into York Science Park last year.

The firm, which moved into the park’s incubation space, Springboard, last summer, was established by architect and designer Stephen Hampshire, chartered accountant Jonathan Emmott and chartered surveyor Nick Robinson and specialises in developing mixed use regeneration schemes, rebranding properties, refurbishment and green field sites.

Projects have included the refurbishment and rebranding of 146 apartments in areas including Darlington, Gateshead and Hartlepool.

Jonathan Emmott, director at Expresso Properties, said: “Our first six months in Springboard have been incredibly busy and very exciting. With our combined experience and expertise in both commercial and residential property we have already been able to secure and deliver three quite complex projects which our clients are delighted with.

“We have agreed our acquisition criteria for 2014 with our equity funders and we are very positive about the year ahead.”

Tracey Smith, managing director of York Science Park, said: “We are thrilled that ExpressoInvestments has got off to such a fantastic start in Springboard. Their figures reflect that the economy is on the upturn and confidence is returning to the property sector.  With their skills and expertise I am sure they will continue to report their success and see sustained growth.”