THE EMERSON GROUP: COMPANY PROFILE BUILDING EXCELLENCE FROM ITS FOUNDATION .EST 1959 BUILDING THE FUTURE ON QUALITY YEARS ON – THE FOUNDATIONS OF THE GROUP’S SUCCESS REMAIN STRONG From a small beginning in private residential property, the Group has expanded steadily over the years and is now recognised as one of the UK’s foremost private family-owned property companies. Established in April 1959, our business has grown through reputation built on a professional approach and by offering a high calibre of service. The Group has three principal operating divisions: Residential, Commercial and International. Our strengths have been founded on quality, design, flexibility, attention to detail and continual improvement in building standards. A balanced land bank and development programme, enhanced by quality acquisitions in prime locations, will enable the Group to offer a broad and competitive product range in the UK and overseas. In the last decade our continued growth has been sustained by diversification into other types of development and investment. The Commercial Division has complemented its extensive office portfolio with major entertainment and retail developments both at The Lowry on The Quays in Manchester and at Middlebrook, Bolton adjoining The Reebok Stadium, the home of Bolton Wanderers Football Club. In addition it has carried out benchmark remodelling and redevelopment of numerous Manchester City Centre buildings including 55 King Street, a major office and designer shopping project. The Residential Division, currently building over 600 houses a year in the UK, has expanded by increasing its geographical spread and by offering a comprehensive range of desirable house types, prices and locations to meet customers’ changing requirements. Internationally, our investment portfolio in the USA has been increased over the past 20 years through a series of new developments including mixed commercial, retail, residential and leisure projects. In Portugal, our company Construcões do Vau, Limitada was formed in 1970, leading to over 30 years of continuous development on the Algarve. Our first project was the luxury beachfront resort of Jardim Do Vau, followed by Oásis Parque, a residential development of 493 units, and prestigious properties at Lakeside Village, Quinta do Lago. The Boavista Resort at Lagos, a major exclusive residential and recreational development set in 260 acres, is our most recent project and incorporates a stunning 18hole Championship Golf Course and Spa. Over the years the dedication and commitment of our Directors and staff have enabled us to achieve a pattern of steady growth and to build up a strong and experienced management team capable of completing a project on time to the highest standards of quality and design. We are most grateful for the advice and support we have received from our professional consultants, bankers and financial institutions. In the years ahead, our prime objective will be to seek out niche quality projects and develop them with innovation to suit the changing times and the varying requirements of our discerning customers. EEMERSONGRO H T P • BUILDINGEX 1959 OUNDATION C SF EST PE JONES Chairman LLENCE FROMIT “CONTINUING TO GROW BY BROADENING OUR HORIZONS AT HOME AND ABROAD” WE FACE THE FUTURE WITH GREAT CONFIDENCE Peter Emerson Jones, The Chairman of The Emerson Group, co-ordinates the activities of the three principal operating Divisions – Residential, Commercial and International. The Chairman founded the Group in 1959, concentrating initially on private residential development. Under his leadership the Group has steadily grown and diversified to embrace development, investment and leisure projects in the UK, USA and Portugal. Now recognised as one of the UK’s foremost private family-owned property companies, the Group is now approaching its 50th anniversary in business. The Chairman is supported by: Alan White, Group Deputy Chairman and Chairman of Jones Homes, joined the Group in 1967 and has been a member of the Main Board since 1987. Whilst being predominantly responsible for residential activities, he is also involved with the Commercial Contracting Division. Mark Emerson Jones joined the Group in 1983 and became a member of the Main Board in 1999. He is responsible for project management, supervising and liaising between the Commercial Development and Contracting Divisions. Tony Emerson Jones, Managing Director of Orbit Developments, joined the Group in 1989 and became a member of the Main Board in 1999. He is responsible for the marketing and letting of the Group’s property portfolio. Simon Wilson has been with the Commercial Division since he joined the Group in 1983. He now heads Emerson Management Services and has been a member of the Main Board since 1999. Peter Baren, Group Financial Director, joined the Group in 2001 and has been a member of the Main Board since 2003. He is a Chartered Accountant with responsibility for the financial development of the Group. Anne Weatherby has been with the Group since 1984 and heads the Legal Department. She became Company Secretary in 2004 and joined the Main Board in the same year. Paul Burgess has been a Senior Solicitor in the Legal Department since joining the Group in 1988. He is responsible for monitoring and controlling the Group’s joint developments, commercial leases and liaising with local authorities. He was promoted to the Main Board in 2004. “THE GROUP IS STRUCTURED TO SERVE” From Left to Right seated: Simon Wilson Alan White Mark Emerson Jones Peter Emerson Jones Tony Emerson Jones Peter Baren Anne Weatherby standing: Roger Gould (Non-Executive) Paul Burgess Lord Lee of Trafford (Non-Executive) Jack Adams (Non-Executive) In addition, the Main Board benefits from the advice and knowledge of three non- executive Directors: Lord Lee of Trafford joined the Main Board in 1999 after a successful career in politics. He was a member of Parliament from 1979 to 1992 holding ministerial positions in employment, defence and tourism. Roger Gould joined the Main Board in 1999 after over 25 years on the board of Seton Scholl Healthcare plc. Jack Adams joined the Main Board in 2003 after a long career at Barclays Bank, ultimately as regional director responsible for the North-West. All contribute extensive experience of the corporate financial and professional environments. This management structure ensures that the Group responds rapidly to variations in all market sectors, constantly enabling it to improve its performance, make early accurate decisions and face the future with confidence. RESIDENTIAL DIVISION Alan White celebrates his 40th year with the Group in 2007 and becomes Chairman of the Residential Division which he has been involved with throughout that period. His guidance has led the Division from strength to strength and he has been instrumental in developing its expansion into Yorkshire and the South-East. As a member of the Main Board since 1987, his commitment to the success of the Group resulted in his appointment as The Emerson Group Deputy Chairman in 2002. Parklands Cheadle Hulme The Residential Division of The Emerson Group was founded in 1959 and has therefore established experience in all facets of residential development. From sourcing land, obtaining planning permission, designing and constructing through to the marketing and selling of new homes, Jones Homes has, over many years, established a reputation synonymous with creating homes of character in highly desirable locations and is now one of the leading developers in the country. The six principal divisions of Jones Homes 6 7 Whilst maintaining traditional values the Company continues to adapt to the changing needs of its customers. Listening to its homebuyers and researching new products enables it to offer the latest in layout, appearance and specification. Jones Homes provides a wide range of house designs to suit a variety of lifestyles and its portfolio comprises luxury apartments, mews-style homes, town houses and detached properties. The wide experience gained in the new homes market has led to diversification into the retirement homes sector and social housing, both directly and through partnerships with local authorities and housing associations. CREATING HOMES OF CHARACTER IN HIGHLY DESIRABLE LOCATIONS LIVE THE HIGH LIFE Imperial Point and Sovereign Point The Quays Salford Quays Manchester The birth of a new Millennium coincided with the launch of major Group initiatives at Salford Quays. Now constructed, the Company’s Imperial Point and Sovereign Point apartment buildings stand as impressive landmarks on the Manchester skyline, providing contemporary accommodation of the highest quality in an exceptional waterfront location. They are part of the Group’s combined residential, commercial, leisure and retail scheme which has made a significant contribution to the regeneration of Salford Quays. With spectacular views over Salford Quays, towards Manchester and beyond to the Pennines and Cheshire Plain, these exclusive developments enable residents to enjoy a unique and rewarding lifestyle. Salford Quays is scheduled to become an internationally renowned destination following the commencement of Media City:UK, which will ultimately house five leading BBC departments and is currently attracting a large number of ancillary businesses to the area. Sovereign Point Sovereign Point Lounge Sovereign Point Master Bedroom Residential Sales and Marketing Sovereign Point Roof Garden In the 2006 Daily Express New Homes Garden Awards, Jones Homes was presented with the ‘Gold’ for Sovereign Point, Salford Quays. These prestigious awards are regarded as the garden and landscape ‘Oscars’ of the house building industry. Personal recommendation and repeat business are the cornerstones of the Company’s success with many families moving up over the years from one Jones home to the next. The abilities of an enthusiastic and committed sales team play a major part in this process by guiding purchasers through the buying process, whilst listening to their needs. This valuable flow of information is relayed back to the Company’s marketing department and design team to ensure that a new Jones home fully meets customer expectations. Jones homebuyers can also rely on a friendly, helpful customer care department which provides a comprehensive after-sales service. Residential Design and Planning Residential Maintenance and Customer Services CREATING SUSTAINABLE COMMUNITIES Summerfields Development Wilmslow Summerfields Village Mews Wilmslow The Company continues to work closely with housing associations and local authorities to provide affordable housing within many of its schemes and, in line with current Government strategy, is creating sustainable communities which can include retirement homes and nursing homes through its Caredays Division. An excellent demonstration of this, and of the Company’s teamwork, is reflected in the success of Summerfields in Wilmslow. This substantial development has three distinct phases. The first, Summerfields, is a completed mixed housing scheme of almost 900 properties. The second, Summerfields Village Centre, comprises offices, shops, supermarket, public house, leisure club, apartments and social housing which, together with Summerfields Village Mews and Summerfields Village Grove, create a further 184 houses. The third element comprises The Villas, Palm Grove, Regents Gate and Regents Park taking the total number of properties at this location to almost 1,500. 10 Summerfields Village Centre Wilmslow Regents Gate Wilmslow 11 Middlebrook, near Bolton, is the setting for The Meadows, a mixed residential development offering detached properties, mews and apartments. Adjacent to the Group’s flagship leisure, retail and business park, it will when completed create a community of some 450 houses. Middlebrook Development Bolton Construction Management The Meadows Middlebrook Bolton CONSERVATION AND REFURBISHMENT - MODERN LIVING IN A PERIOD SETTING The Towers at The Pavilions Macclesfield Balmoral House The Pavilions Macclesfield The Old Library, now Luxury Apartments Heyes Lane Alderley Edge Conservation is a prime concern and the Company s expertise in the reclamation of redundant land and the refurbishment of older buildings has preserved and improved the environment. The magnificent Grade II listed Victorian buildings of the former Parkside Hospital in Macclesfield are a good example of this philosophy and expertise. On a smaller scale, in nearby Alderley Edge, another project created a new library for the village and enabled the site of a redundant building to be put back into beneficial use. The conversion of the library building, constructed in 1901 as a police station, has secured its future as luxury apartments and preserved its history and heritage into the future. New Library and Apartments London Road Alderley Edge 12 Land Remediation at The Grange Sandiway Virtually all new Jones homes are now constructed on brownfield sites. The expertise gained in this area has led to the formation of a specialist company, Land Reclamation and Development Ltd, to expand these opportunities further. Working closely with expert consultants it is able to satisfy the most stringent requirements and to achieve certification from the environmental bodies and the NHBC. A good example is The Grange development at Sandiway, Cheshire, which is the largest remediation project of its type using funding from the Landfill Tax Credit Scheme. Such abilities have enabled the Company to create development opportunities in desirable locations. Elsewhere at Moston in East Manchester a development of 278 homes will occupy 20 acres of a former factory site. This project required extensive demolition and land remediation and is a good example of the Company’s contribution and commitment to bringing regeneration to this part of the city. In addition the development is fulfilling its promise to raise the profile of the general area and support local property values. During the 1990s the Company expanded its operations from its headquarters in Alderley Edge by the addition of 2 other regional divisions. In 1995 the Company expanded into the South- East of England with the formation of Jones Homes (Southern) which is now firmly established in the region and noted for the Brooklands View Skelmanthorpe Huddersfield Yorkshire Kingsgate Maidstone Kent Residential Senior Management provision of quality housing. Since its formation in 1996, the name of Cleckheaton-based Jones Homes (Northern) has become synonymous with quality of design and construction in Yorkshire. Newfield Construction, based in Lytham St. Annes, has enjoyed a successful relationship with the Group for almost 20 years and is now a wholly-owned subsidiary, completing numerous developments along the Fylde Coast and throughout Lancashire under the Newfield Jones Homes brand. Newfield’s Senior Management THE GROUP’S COMMITMENT TO ENHANCING THE ENVIRONMENT The Pines Scarisbrick Southport Parkway Business Centre Manchester For many years The Emerson Group has been actively involved in supporting community charity projects and events and providing sponsorships. Junior athletics and cricket, local schools, youth clubs and hospices are just a few of the diverse projects to which the Company has made a major contribution. The Woodlands Play Area Scarisbrick Southport Information technology and the growth of the Internet have been embraced by the Group. Enquiries and sales continue to increase through the Group’s websites, www.emerson.co.uk, www.jones-homes.co.uk and www.orbit-developments.co.uk which are maintained and updated by in-house web designers to bring instant information to prospective homebuyers throughout the UK. The introduction of high-specification PVC-U windows -offering low maintenance costs, increased insulation and added security across the Jones Homes portfolio and certain of the Group’s commercial schemes -has led to the formation of Stargaze Windows Ltd. Accredited with the BSI Kitemark and manufactured to BS7412, BS7950 and BS8213 the Company fabricates windows, doors, patio doors and conservatories. Stargaze Windows Management 14 Jones Homes’s achievements have been recognised over the years by the National House Building Council (NHBC) in its ‘Pride in the Job’ Awards, the What House? Awards, the combined NHBC/DoE/RIBA Housing Design Awards and several Green Leaf Awards for commitment to conservation and the environment. Cottage Lawns Alderley Edge Green Leaf Award Winner LANDSCAPING TO ENHANCE EACH DEVELOPMENT The dedication of large areas of open space for public use and the implementation of substantial landscaping schemes not only enhance each development but also provide a significant contribution to the surrounding neighbourhood. The Villas Macclesfield Green Leaf Award Winner Jones Homes has also received the coveted Tree Council Award for demonstrating good practice in the conservation of mature trees at The Villas in Macclesfield, Cheshire. The continuing success of Jones Homes can be attributed not only to its portfolio of award-winning designs but also to the experience of its management team, many of whom have been with the Company for over 25 years. Royal Park Cheadle COMMERCIAL DIVISION The Commercial Division of The Emerson Group was established in 1971 and is one of the country’s largest private commercial property development and investment companies. Operating in the North-West and South-East of England, it has locally-based experienced development teams which have been actively involved in the acquisition, planning, construction and letting of a diverse range of commercial developments. The Commercial Division, operating under the Orbit Developments banner, has built up a portfolio of commercial investments, the vast majority of which are leased and managed in-house and are retained as long-term investments within its portfolio. Parklands and The Spirit of Sport Statue Middlebrook Bolton The current UK portfolio of over 6 million sq ft (560,000 sq m) comprises: • 160 individual office buildings • 37 retail and leisure schemes, ranging from single shops to out-of-town retail parks and shopping centres • 39 industrial properties including warehouse and distribution units • 2,000+ tenants Orbit Developments Letting and Marketing Team The Leisure Park Aspinall House Mansell House Ridgway House Sefton House THE GREATER MANCHESTER BUSINESS AND RETAIL LOCATION Middlebrook Bolton Middlebrook, developed in partnership with Bolton Metropolitan Borough Council and Bolton Wanderers Football Club, includes commercial, retail and leisure accommodation. The assistance of European and English Partnership Grants helped to attract major employers such as Hitachi, The Royal Bank of Scotland, E.on and AXA Insurance. • Over 5,500 Jobs Created • 200-Acre Development Site with over 1 Million sq ft of Accommodation • 27,879-Seater Stadium for Bolton Wanderers Football Club The Retail Park • Vue, Multiplex 12-Screen Cinema • 2 Hotels and Conference Centres • 10 Million Visitors per year • Awarded best Out-of-Town Retail Development by the British Council for Out-of-Town Retail • Over 450 Residential Dwellings by Jones Homes 17The Retail Park ARTS - THEATRES - EATING - SHOPPING - ENTERTAINMENT In partnership with Salford City Council, the Division has developed The Lowry Outlet Mall incorporating some 420,000 sq ft of retail, leisure and restaurants. In addition, the construction of two residential phases has provided in total approximately 218 apartments over 18 floors of accommodation while high-quality offices have been developed at Quay Plaza. 18 • High-quality design • A destination for retail and cultural activities with 6 million visitors a year to the vicinity • 300 jobs created during construction with at least 1,000 permanent jobs created • A stimulus for economic investment • Raising the profile and public perception of the area • Provision of an aesthetically pleasing working environment which will boost social confidence and civic pride The Retail Shops The Retail Shops Entertaining the Customers The Food Court The Plaza Entrance to The Lowry Outlet Mall A NEW CONCEPT IN URBAN LIVING Imperial Point, The Lowry Outlet Mall and Sovereign Point The Quays Salford Quays Manchester and many more..... Tenants include: The Lowry Outlet Mall has already won the Secured by Design Award for its creative use of design to make the Outlet a safe working and leisure environment. Unlike other “outlet” schemes the quality of the materials and design had to reflect the quality of the award-winning Lowry theatre. Internationally renowned architects, RTKL, were employed and the scheme was brought to fruition in conjunction with Salford Council. This scheme demonstrates the diversity of the Group’s approach and activities together with its capability to undertake landmark developments with confidence. Proposed New Apartment Tower Future Media City:UK A WELL-ESTABLISHED MIXED-USE DEVELOPMENT Aintree Business Units Located on the A49, Ormskirk Road to the north of Liverpool and adjoining the world-famous Aintree Racecourse, this development provides an excellent example of proactive management on a day-to-day basis. This is an important commercial site combining 165,000 sq ft of retail accommodation and 380,000 sq ft of industrial space. The retail park boasts many national retailers including Homebase, PC World, Laura Ashley, Pizza Hut and Allied Carpets and is complemented by the adjoining industrial and business units which are let to a wide range of trade counter, industrial manufacturing and warehouse operators. Asset management allowed the extension of the retail park, which both complemented and enhanced the existing development and added value to the site. The development includes an on-site management office and maintenance team to ensure that the high standards for which Orbit Developments is renowned are upheld. 20 Aintree Retail Units AT THE HEART OF WILMSLOW’S TOWN CENTRE 1 Millbank House 2 Bollin House 3 Riverside Court 4 Poplar House 5 Crown House 6 Wilmslow Green 7 Ladyfield House 8 Norcliffe House 9 1-3 Grove Street 10 19-21 Grove Street 11 Merlin House 12 Grove Arcade 13 Grove Chambers 14 Wilmslow House 15 Springfield House 16 12-14 Alderley Road 17 Barfield House 18 Cresta House 19 44 Water Lane 20 Venture House 21 Courthill House 22 Churchgate House 23 Emerson Court 24 Kings Court 25 Sandfield House 26 Hesketh House 27 Wycliffe House 25 26 27 24 2322 21 20 19 18 17 16 15 14 1312 1110 9 8 7 6 54 3 2 1 Sandfield House Wilmslow Throughout its growth, Orbit Developments has been a major contributor to the South Manchester market place and this is particularly evident in Wilmslow Town Centre. Offices, retailing and leisure facilities including restaurants have been developed in the town to enhance the desirability of the town centre as a place to work and shop. Over 25 developments have been undertaken within the town centre alone. These include: • Barfield House -office and restaurant scheme (Pizza Express) • Water Lane – A variety of retail and offices • The Kings Court Development -retail and offices which include the offices of the Information Commissioner at Wycliffe House • Wilmslow Green – retailing and offices • Grove Arcade – retailing • The Emerson Group Property Shop (Located at 1-3 Grove Street) Sandfield House forms the final phase of Orbit’s Kings Court development in Wilmslow Town Centre. This prestigious 27,166 sq ft three-storey, headquarters office building enjoys a prime central location just off Water Lane and benefits from excellent on-site parking facilities. Wilmslow is a well-established business location for corporate occupiers and SMEs alike. The benefits of excellent town centre facilities and its location, offering ease of connections to the regional motorways and, more especially, Manchester Airport, are all factors which attract major business occupiers. FROM NORTH TO SOUTH ORBIT’S PORTFOLIO DEVELOPS Profile West Brentford London Ashurst Manor Ascot Crossgate House Sale Greenway House Macclesfield The Division continues to remember the foundations of its business: traditional offices and industry. Opportunities to develop, redevelop and refurbish are continually assessed, leading to extensions of existing business parks or the creation of new ones as well as stand-alone offices or industrial and distribution warehouses. Pride is taken in leasing the appropriate accommodation to a spectrum of tenants from startup businesses to headquarters for international PLCs. Once a tenant takes occupation, all aspects of aftercare management of the tenant and the property are provided by Emerson Management Services. Colwyn Chambers Manchester Orbit Developments Architects Parkway Business Centre Princess Parkway One of Five Buildings Totalling 114,880 sq ft Orbit Developments has made its mark on Manchester’s Corporate Corridor with the completion of Parkway Business Centre located on Princess Parkway. The development has unparalleled links to the M56 and M60 Motorways as well as direct access to Manchester Parkway Five SECURE, TRANQUIL PARKLAND SETTING - 2 MILES FROM MANCHESTER’S CENTRE City Centre. Situated in a mature landscaped environment, Parkway Business Centre allows tenants to enjoy the benefits of its suburban location whilst being only two miles from the heart of the City. To be dynamic and unique in this location, Orbit Developments has incorporated a café on the business park as well as a regular shuttle bus service to the city centre for the use of incoming tenants. Parkway Four Aerial View of Parkway Business Centre OUR SUCCESS IS BUILDING ASDA Superstore The former ground of Bolton Wanderers Football Club is now a landmark retail scheme owned by Grangefern Properties, a joint venture between Orbit Developments and United Co-operatives Limited. The Carphone Warehouse Occupiers now include ASDA, JJB Sports Retail and JJB Fitness Clubs, Co-op Travel, Subway, Johnsons the Cleaners and Carphone Warehouse and the next stage is a development site which benefits from a planning approval for a 10,000 sq ft car showroom. Co-op Travel Superstore JJB Sports Store and Fitness Club Pendragon Porsche Dealership Wilmslow Mercedes-Benz Dealership Macclesfield TAKING PRIDE IN OUR REPUTATION Jones Contracts has established an expertise in all aspects of commercial contracting. Whilst carrying out construction work for its sister company, Orbit Developments, it also undertakes external projects, many through recommendation. The scale and scope of these projects varies considerably and includes both refurbishment and major new construction work. An impressive range of building types – retail, office, car showroom, leisure facilities and nursing homes -have all been constructed. Jones Contracts takes pride in its reputation for completing projects to the highest standards, on budget and to programme. The Company’s expertise has been widely recognised with repeat business being a key Construction Management feature of its steady growth. Living Well Health Club Sutton Coldfield THE EMERSON GROUP’S PORTFOLIO MANAGEMENT DIVISION Emerson Management Services, the Portfolio Management Division of The Emerson Group, provides all aspects of property and estate management for the completed schemes within the UK portfolio. IT and Accounts Staff Emerson Management Services Emerson Maintenance Staff Emerson Building Managers Operating from the Group’s Head Office and a regional office in West London, it is one of the largest property management companies of its kind and manages in excess of 6,000,000 sq ft of property throughout the UK. Experienced support staff combined with a sophisticated property management computer system enable the Company to function efficiently and allow cost-effective monitoring and budgetary control of rent and service charge expenditure. The Company employs a full complement of qualified surveyors, building managers, client liaison and security staff to maintain the highest standards of service, including the latest 24-hour CCTV central monitoring station, and is supported by the services of in-house maintenance and landscaping departments. Its relationships with its extensive client base and their professional associates, knowing and looking after clients’ needs and requirements, result in considerable repeat business. “PROVIDING THE BEST SOLUTIONS THROUGH PROFESSIONALISM AND TEAMWORK” Emerson Security Staff An Emerson Security Office Emerson Business Centres operates serviced offices within four major regional business centres in the UK and one in the USA. All offer a comprehensive range of services, including fully-fitted offices, conference and training rooms, secretarial services, telephone answering, fax and copying facilities. Short-term rentals are available to satisfy the requirements of the small business and to give start-up companies flexibility for future growth. Many clients have expanded with the business centres and have taken further long-term accommodation within the mainstream portfolio. Staff training and the benefits of the latest computer technology are considered essential factors in enabling the Group’s in-house support department to provide a complete service. Kirkham’s Contractors, the Group’s small works department, provides a valuable inhouse service, undertaking the partitioning layouts, alteration and refurbishment works necessary for the ongoing growth and needs of clients, maintenance and improvement of the Group’s portfolio. Emerson Business Centres 27 The Group’s in-house Legal Department provides a valuable source of advice and information for the various companies within the Group and where appropriate liaises with leading firms of solicitors with whom the Group has long- standing relationships. Planning Department Legal Department The Legal Department deals with all aspects of property law as it affects the Group: the majority of its advice involves concluding leases for the commercial letting team, licences to assign or sublet, variations, rent review and lease renewals for the management team and acquiring sites for both the Residential and Commercial Divisions. Health and Safety Graphic Design In addition, it advises the Group on funding arrangements, planning issues, health and safety, construction, employment, contractual and international matters. The level of expertise and flexibility within the team means it is able to respond rapidly when required and contribute to the smooth and efficient running of the Group. The Group’s in-house Planning Department provides valuable advice to all divisions of the Group on planning, transportation and environmental issues, as they continually change and evolve in all regions of the Group’s activities. The Emerson Group’s extensive in-house facilities also include the Graphic Design Department, responsible for the day-to-day production of a wide range of varied literature required by the Group from corporate signage to advertising displays and from stationery through to fullcolour publicity material including magazine and newspaper adverts, leaflets and marketing brochures for all the Group’s divisions. INTERNATIONAL DIVISION - PORTUGAL Jardim Do Vau’s Main Swimming Pool Algarve Portugal The first land purchased in Portugal was in the early 1970s -a beachfront plot between Rocha and Alvor, today known as the luxury Jardim Do Vau Resort situated overlooking the ocean at Praia do Vau. This established holiday resort offers families and golfers the perfect holiday location. An extensive range of facilities is available, including restaurant, direct beach access, swimming pool and children’s pool, play area, poolside café bar and leisure centre featuring indoor heated pool, gym, sauna, steam room and Jacuzzi. Algarve Select, the Company’s independent tour operator, has been arranging tailor-made holidays since 1986. As part of The Emerson Group customers can relax in the knowledge that the business has substantial backing, creating the perfect holiday, be it an individual flight, flexible itineraries or executive tailor-made holidays to the Algarve including properties built and managed by The Emerson Group at Boavista Golf Resort and Oásis Parque. Jardim Do Vau’s Indoor Health and Leisure Club Jardim Do Vau’s Apartment Balcony View Jardim Do Vau Typical Apartment Lounge and Dining Area The Group’s business in the Algarve reflects the success of over 35 years’ experience in Portugal. Lagos Algarve Portugal Swilcan Bridge 13th Green and Lake The Boavista Golf Resort Club House and Spa The 260-acre prestigious cliff-top Boavista Golf Resort in the western Algarve lies between the historic, bustling marina town of Lagos and the attractive seaside resorts. A magnificent Howard Swan-designed 18-hole golf course, opened in 2002, now provides a driving range, a golf academy and a spacious well-appointed clubhouse, offering members and guests a full range of wining, dining and relaxation facilities, heated indoor swimming pool and leisure facilities. Boavista is now firmly established as an unforgettable golf course in a spectacular setting. 14th Green and Lake 17th Green and Lake Villa Type I Balcony View 31 Construction is well advanced with the completion of two residential villages and numerous luxury villas. The villages nestle within the golf course, allowing the apartments and linked villas one aspect over the course and the other over the spacious sun decks of the heated outdoor pools. Luxury villas occupy the perimeter of the land on elevated sections, with the golf course winding between in an aesthetically pleasing way. Residents enjoy stress-free ownership through Careways, the resort property management company, and can enjoy the benefits of rentals through Algarve Select, the Group’s tour operator. Villa Type I Villa Type I Lounge Oásis Parque Villa Type C Oásis Parque Villa Type S Master Bedroom Near Portimão Algarve Portugal 32 Oásis Parque Villa Type A Leisure Club Outdoor Pool Leisure Club Indoor Pool Court Properties, founded in 1987, is engaged in the construction of Oásis Parque, which opened in 1997. Conveniently situated between the cosmopolitan town of Portimão and the quaint fishing village of Alvor, this recreational and residential development comprises 493 luxury properties. These sought-after villas and apartments have been designed to complement the local environment and are being released for sale over eight phases. The first half of the resort is completely sold, with further phases under construction offering purchasers an excellent variety of superb properties ranging from 2-bedroom apartments to luxury 4-bedroom detached villas with private pools. Owners can enjoy a wide range of facilities such as coffee shop, heated indoor swimming pool, children’s play area, tennis courts, a large outdoor swimming pool and children’s pool, all exclusively for owners and their guests. The nearest beach resorts are found at the old fortress town of Praia da Rocha and picturesque Praia do Vau, offering an abundance of waterfront activities, restaurants and café bars, all of which are within a 10-minute drive from Oásis Parque. Portuguese Senior Management Quinta Do Lago Algarve Portugal Another prestigious development to be built by Jones Homes Portugal is Lakeside Country Club, an exquisite resort offering 2 and 3-bedroom properties which overlook a communal leisure facility and its indoor / outdoor swimming pools. It is surrounded by mature landscaping bordering the Ria Formosa Nature Reserve near Quinta Do Lago. INTERNATIONAL DIVISION - USA 34 Emerson International was founded in 1982 to diversify the Group’s investments globally. Either independently or through joint ventures the company has developed major residential, commercial and leisure projects throughout Florida. Butler Chain of Lakes Near Bay Hill Bay Hill Golf Course Chateau De Rhone House Type Emerson Pointe Villa Capri, Villa Moselle and Villa Sausalito Emerson Pointe Emerson Pointe is located in the exclusive North Bay area adjacent to Bay Hill. The 70-acre parcel has been developed to provide 72 exclusive residential lots with gated entry. Jones Homes USA is currently constructing and marketing 4 luxury homes with magnificent lake views across the Butler Chain of Lakes. 35 Designed by world-renowned golf course architect Ron Garl with the collaboration of Howard Swan, who designed the Group’s sister course at Boavista, the course has many distinctive features including the magnificent Par-5 18th with an approach across the water. From inception the Group has been committed to maintaining hundreds of acres of wetlands and preserving the native wildlife, grasses and wild flowers. This has led to Eagle Creek being awarded the prestigious Audubon Signature Award for sustainable design and development. Jones Homes USA, the Group’s new US housing division, has begun construction of 42 luxury golf homes and 144 luxury golf villas. Eagle Creek is a unique 1,300-acre master-planned golf course community near Orlando International Airport. The community will comprise almost 3,000 luxury residential dwellings including single family homes, golf villas, town-homes and apartments all designed around an 18-hole Par-73 championship golf course with a spectacular clubhouse. 18th Tee 18th Green and Clubhouse Emerson International Inc. Eagle Creek Wentworth House Orlando Florida 36 MODERN LIVING IN FLORIDA Emerson Plaza One is situated at the heart of the CenterPointe on the Park development, a 55-acre master-planned, mixed-used development. The 12 storey residential tower comprising 54 condominiums is located on Cranes Roost Lake and successfully combines the natural pleasures of lakeside living with a sophisticated urban lifestyle. Emerson Plaza Condominium Interior Altamonte Springs Orlando Florida Emerson Plaza Leisure Club Pool A WELL-BALANCED COMMERCIAL PORTFOLIO Maitland Center Atrium Orlando Florida Maitland Center Orlando Florida CenterPointe One Orlando Florida Emerson International has successfully established a well-balanced commercial portfolio through both acquisition and development. Now with over 1 million sq ft of commercial office space under management, Emerson International has become one of the fastest growing private property companies in Orlando. The latest addition to Emerson International is TecBuild, a construction company currently building Emerson Plaza 2, which will continue Emerson’s tradition of delivering quality commercial contracting. 37 Major Center Office Plaza Phases I and II Sanlando Building SELECTION OF TENANTS AND CLIENTS FROM OUR EXTENSIVE PROPERTY PORTFOLIO AND GROUP ACTIVITIES UNITED KINGDOM ACER UK Limited AG Barr PLC Allied Carpets Properties Limited American Golf Discount Centre Limited Accenture (UK) Argos Limited Asda Stores Limited AstraZeneca Limited Austin Reed Limited Autoglass Limited AXA Insurance (UK) Limited Balfour Beatty Group Limited Barclays Bank PLC Birthdays Limited Black & Decker Boots the Chemist Limited Brabners Chaffe Street LLP British Gas PLC British Midland Airways Limited BT PLC Burger King Limited Cable & Wireless Communications PLC Capital One Loans (UK) Limited Carpetright PLC CBI Channel Four Television Corporation Cheltenham & Gloucester Cincom Systems (UK) Limited Cobbetts LLP Comet Group PLC Co-operative Bank PLC Corus Engineering Steels Limited Cotton Traders Limited CS Lounge Suites Limited Daimler Chrysler Retail Limited DFS Furniture Company PLC Dow Chemical Company Limited DSG Retail Limited Eddie Stobart Limited Emirates E.on UK Limited Findel PLC Flag Telecom Limited Focus DIY Limited Georgia Pacific GB Limited Greater Manchester Council Greggs PLC Halfords Limited Hastings Insurance Services Limited Herman Miller Limited HFS Group Limited Homebase Limited Information Commissioner’s Office JJB Sports PLC John David Group PLC John Lewis PLC Karen Millen Limited Kentucky Fried Chicken (Great Britain) Limited Keoghs Kingsbury Furniture Stores Limited Knight Frank LLP Land of Leather Limited LA Fitness PLC Lidl UK Properties GmbH Liz Claiborne Europe Lloyds TSB Group Limited Lombard North Central PLC McDonalds Property Company Limited MFI Properties Limited Manchester Health Authority Marks & Spencer PLC Matalan PLC Mileta Sports Limited Molton Brown Limited Morse Group Limited MyTravel Group PLC National Tyre Service Limited National Westminster Bank PLC News International PLC Next PLC NHS Direct Special Health Authority Nike Retail BV Oracle Corporation UK Limited Oxfam Pendragon Motor Group Limited Pennine Care NHS Trust Pet City Limited Pets at Home Limited Pizza Express (Restaurants) Limited Pizza Hut (UK) Limited PZ Cussons Limited RAC Motoring Services RSM Robson Rhodes LLP Rosebys Curtains & Linens Limited Royal Mail Group PLC Salford Primary Care Trust Schlumberger Oilfield UK PLC Somerfield Property Company Limited Stockport Metropolitan Borough Council Stockport Primary Care Trust Sun Microsystems Limited The Audit Commission The Carphone Warehouse Limited The Flannels Group Limited The Jessop Group Limited The One Account Limited The Royal Bank of Scotland PLC Thorn Limited Thus PLC Transform Medical Group (CS) Limited Urban Vision Partnership Virgin Retail Limited Vue Entertainment Limited Whistles Limited Whitbread PLC Woolwich PLC Xansa UK Limited Zurich Insurance Company (UK) Limited UNITED STATES OF AMERICA Beazer Homes Corporation Cardinal Health 200, Inc Citi Financial Auto Limited City of Altamonte Springs, Florida Coldwell Banker Residential Real Estate Services Limited Countrywide Home Loans, Inc Empire Financial Holding Co First National Bank of Central Florida Freedom Mortgage Corporation Hancock Information Group, Inc Jacobs Facilities, Inc JMHC, Inc Laboratory Corporation of America Lucent Technologies, Inc Philadelphia Insurance Company Premier FX Sears Home Improvemeent Products, Inc Sentry Management, Inc Sodexho Operations LLC State Farm Mutual Automobile Insurance Travel Holdings, Inc United Self Insured Services, Inc Verizon Wireless Webster University York Claim Services GROUP STRUCTURE PRINCIPAL TRADING COMPANIES RESIDENTIAL COMMERCIAL INTERNATIONAL PE Jones (Contractors) Limited Jones Homes (Northern) Limited Jones Homes (Southern) Limited JBG (Property) Limited Newfield Construction Limited Victor New Homes Limited Jones Residential (Leasing) Limited Land Reclamation and Development Limited FE Jones (Builders) Limited Stargaze Windows Limited SUBSIDIARY COMPANIES Orbit Investments (Properties) Limited Orbit Developments (Manchester) Limited Orbit Investments (Northern) Limited Orbit Developments (Southern) Limited Orbit Investments (Salford) Limited PE Jones Contracts (Manchester) Limited Emerson Management Services Limited Kirkham’s (Contractors) Limited Aintree Retail Park Limited ASSOCIATED COMPANIES Emerson International, Inc Convau-Construcões do Vau, Limitada Vau Marketing Limited Holidays Select Limited Eagle Creek Development Corporation Bay Hill Developments (North Bay), Inc Emerson Plaza Development, Inc Jones Homes USA, Inc Tecbuild, Inc JJT Residential Services Limited PORTUGUESE OFFICES Jardim Do Vau Praia do Vau 8500 Portimão Algarve Portugal Int Tel: 00 351 282 430500 Int Fax: 00 351 282 401915 Court Properties (Portugal) Limited Sitio do Bemparece Chão das Donas 8500 Portimão Algarve Portugal Int Tel: 00 351 282 475113 Int Fax: 00 351 282 475115 Boavista Resort Empreendimentos Turísticos SA Apartado 501 8601-906 Lagos Algarve Portugal Int Tel: 00 351 282 769685 Int Fax: 00 351 282 769686 www.joneshomesportugal.com Grangefern Properties Limited HEAD OFFICE Emerson Developments (Holdings) Limited Emerson House Heyes Lane Alderley Edge Cheshire SK9 7LF United Kingdom Tel: 01625 588400 Fax: 01625 585791 Int Tel: 00 44 1625 588400 Int Fax: 00 44 1625 585791 E-Mail: info@emerson.co.uk www.emerson.co.uk Emerson Investments International, Inc Dean Investments International, Inc Court Properties (Portugal) Limited Jones Homes (Portugal) Limited Quinta da Boavista Empreendimentos Turísticos SA Lakeside Village Empreendimentos Turísticos Limitada UNITED STATES OFFICES Emerson International, Inc 370 CenterPointe Circle Suite 1136 Altamonte Springs Florida 32701 USA Int Tel: 00 1 407 834 9560 Int Fax: 00 1 407 834 4023 www.emersoninternational.com BUILDING THE FUTURE ON QUALITY EMERSON DEVELOPMENTS (HOLDINGS) LIMITED Emerson House Heyes Lane Alderley Edge Cheshire SK9 7LF Tel: 01625 588400 Fax: 01625 585791 Int Tel: 00 44 1625 588400 Int Fax: 00 44 1625 585791 www.emerson.co.uk JONES HOMES (HEAD OFFICE) Tel: 01625 588300 www.jones-homes.co.uk JONES HOMES (NORTHERN) LIMITED Tel: 01274 852700 www.jones-homes.co.uk JONES HOMES (SOUTHERN) LIMITED Tel: 01322 665000 www.jones-homes.co.uk NEWFIELD JONES HOMES LIMITED Tel: 01253 728760 www.newfieldjoneshomes.co.uk JONES HOMES (PORTUGAL) LIMITED Tel: 01625 548405 www.joneshomesportugal.com JONES HOMES USA INC International Tel: 00 1 407 834 9560 www.joneshomesusa.com ORBIT DEVELOPMENTS (MANCHESTER) LIMITED Tel: 01625 588200 www.orbit-developments.co.uk ORBIT DEVELOPMENTS (SOUTHERN) LIMITED Tel: 020 8750 1410 www.orbitsouthern.com