Harworth Shifts from Homes to Data Centers | Business and Finance News

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Recorded10 Sep 2026

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Harworth Group is ditching its traditional homebuilding business for a bold pivot toward high-growth industrial and data center projects, as housing market woes—driven by rising costs, policies, and interest rates—squeeze profits and land values. While their residential division hemorrhages cash, their industrial holdings deliver stellar returns averaging over 24% annually, fueling the shift. With major deals already locked in—including land sales to Microsoft—they’re eyeing four more data center sites and aiming for 85% industrial land use by 2029. And they’re turning down a takeover bid, confident their future is worth far more than the offer suggests. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/290ba2e19c45c4dc

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