Property firm expands with role in Falklands

A NEWCASTLE property group has expanded more than 7,000 miles from its heartland with the launch of a new business in the Falkland Islands.

- COREENA FORD Business writer [e-mail]

Left to right: Martyn Wallbank and Stephen Lumsdon, directors of Adderstone Construction (Falkland Islands) Ltd, and Ian Baggett, founder and CEO of Adderstone Group

Adderstone Group, the Jesmond-based property and regeneration company, has established Adderstone Construction (Falkland Islands) Ltd in Port Stanley as part of aims to be a long-term contributor to the islands' future.

Directors Martyn Wallbank and Stephen Lumsdon, who bring experience from previously living and working in the Falklands, are now based on the islands to provide on-the-ground leadership as the company grows its presence. They are joined by office manager, Natasha Greenland, a fifth-generation islander.