property development founded 1992 founder ardeshir naghshineh headquarters targetfollow group limited riverside house 11 12 riverside road norwich nr1 1sq united kingdom key people ardeshir naghshineh founder corin thoday ceo website www.targetfollow.co.uk targetfollow is a property investment and development company in the united kingdom established in 1992 and specialising in city centre buildings . 1 the company s initial founders were ardeshir nagshineh and tom bullus . in 1996 they bought 40 bernard street from the mcalpine family . and in the years that followed the company changed its investment strategy from one of acquiring single let offices to multi let ones . in 2001 naghshineh bought out bullus stake . 2 leading up to 2010 targetfollow acquired many landmark real estate properties throughout the uk including centre point 60 st mary axe and baskerville house . in july 2010 targetfollow narrowly avoided going into administration after loans exceeding 200m provided by lloyds banking group expired . in total the company s debt in july 2010 was estimated at around 700m . much of this was lent at the peak of the property boom in 2007 by hbos . 3 as a result of this the company has offered a number of its central london properties up for sale . however it has been reported that targetfollow would rather find a joint venture partner for its central london portfolio and it was lloyds banking group who requested the properties be put up for sale in order to repay the outstanding debt . 4 two subsidiaries went into administration on 27 october 2010 . in january 2011 grand central stockport a leisure scheme in stockport greater manchester formerly owned by targetfollow and in the hands of administrators deloitte was purchased by the local authority . in recent years one of targetfollow s assets the pantiles has become an increasingly popular tourism destination . 5 it is host to jazz on the pantiles a music festival that has been held there for over 20 years . development projects and assets edit below is a list of current targetfollow development projects and assets 6 dukes wharf norwich the pantiles royal tunbridge wells tunbridge wells and rusthall commons royal tunbridge wells empire house dewsbury 27 28 tombland norwich cambridge house norwich princes street ipswich previous targetfollow development projects include 7 baskerville house birmingham harford place norwich princes street ipswich baskerville wharf birmingham crete and candia towers liverpool 60 st mary axe london references edit targetfollow a distinctive vision in property . targetfollow . archived from the original on 2010 01 03 . retrieved 2012 02 10 . the organic developer . property week . retrieved 2016 03 21 . daniel thomas 2010 07 22 . ft.com companies property targetfollow seeks mps help . financial times . retrieved 2010 08 24 . peter bill 2010 07 23 . estates gazette bill blogs tussle to manage targetfollow assets moves centre stage . estates gazette . retrieved 2010 08 24 . history of the royal tunbridge wells pantiles visittunbridgewells.com . www.visittunbridgewells.com . retrieved 2016 03 21 . targetfollow project and assets . targetfollow . retrieved 2016 03 02 . targetfollow timeline and track record . targetfollow . retrieved 2016 03 07 . external links edit official website v t e real estate in the united kingdom real estate economy of the united kingdom companies developers and owners allied london argent group assura group balkan dream properties banks group brent walker british railways property board bruntwood capital & centric cls holdings coin street community builders daejan holdings downing developments goodman uk grainger grosvenor group lexi holdings the maghull group mepc minerva london & associated properties opal property group st. modwen properties sellar property group span developments st martins property group targetfollow the bedford estate the peel group trafalgar house west properties housebuilders barratt bellway berkeley bloor boot bovis countryside properties crest nicholson keepmoat lend lease mccarthy & stone miller muir persimmon redrow taylor wimpey united house property services adzuna alpha1estates atlantis bidwells bnp paribas real estate carter jonas cbre group chestertons ckd galbraith rh & rw clutton cluttons colliers international connells group countrywide cushman & wakefield cyril leonard drivers jonas dtz ec harris edinburgh solicitors property centre foxtons gerald eve gva hamptons international harrods estates isold estate agents jones lang lasalle king sturge knight frank lsl property services nathaniel lichfield and partners nestoria northwood osborne king primelocation regus rightmove savills smiths gore spicerhaart strutt & parker uk property shop whelan commercial winkworth zoopla real estate investment trusts big yellow group british land brixton derwent london great portland estates hammerson hansteen holdings intu properties land securities london & stamford property primary health properties segro shaftesbury plc workspace group industry bodies british institute of facilities management british property federation national association of estate agents law and regulation assured shorthold tenancy building regulations in the united kingdom land tenure in england the property ombudsman right to manage short assured tenancy scotland tenancy deposit scheme england and wales tenancy deposit schemes scotland other council for licensed conveyancers crown estate estate agent estates gazette land agent uk mortgage terminology property retailer property week public estate in the united kingdom category this article about a company of the uk is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title targetfollow & oldid 738759745 categories property companies of the united kingdomcompanies based in norwichcompanies established in 1992united kingdom company stubshidden categories all stub articles 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