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The Business Magazine November 2023
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Silverstone Park restructures management team

20 March 2023
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Property investment and development business MEPC has appointed Chris Kimber-Nickelson as the new Commercial Director at its growing Silverstone Park industrial estate on the Buckinghamshire-Northamptonshire border.

Chris, previously Development Director, has taken up the role with immediate effect. He will oversee the on-going development of Silverstone Park which is now home to more than 90 businesses.

Rachel Morris, Senior Investment Manager, will oversee the investment management function at Silverstone Park.

Rachel is a senior member of Federated Hermes’ Investment Management team with 18 years of residential and commercial property experience.

Ruth Williams, Asset Manager, and Rebecca Harrhy, Marketing & Executive Assistant, complete the team on site with support from development colleagues.

This autumn will mark ten years since MEPC invested in Silverstone Park as Asset Manager and Developer.

The number of businesses at the estate has since grown from around 50 to more than 90.

Many are innovating in advanced engineering, manufacturing, electronics and software development for sectors such as aerospace, agri-tech, automotive, defence, energy, marine, med-tech, motorsport (including F1), nuclear and space.

Chris Kimber-Nickelson said: “I’m delighted to accept the position of Commercial Director at such an exciting time for Silverstone Park.

“I believe the estate is a real jewel in the crown for the UK’s high-tech industry in terms of innovation, business growth, productivity, skills and jobs.

“Part of this is down to the excellent management team that MEPC has in place which is attracting businesses with growth ambitions to Silverstone Park.

“Having been a part of the planning team which has successfully delivered an additional 695,000 sq ft of high-end industrial accommodation at the estate, I very much look forward to seeing what the next decade brings.

“With planning consent already granted, consideration is now being given to commencing the development of a further 300,000 sq ft of mixed industrial/warehouse and hybrid commercial space – ‘Phases 4 and 5’, which will also provide a nursery, gym and café as well as accommodation for more businesses to grow.”

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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