Harworth Group has entered advanced negotiations with hyperscale data centre operators over the sale of a plot of powered land ready for development. Harworth said the unidentified site, which has planning consent and power connections, could provide total value gains ahead of its first hyperscale data centre deal – the sale of a Leeds site to Microsoft for £106.6m in June 2024. Harworth has a 0.8GW power-enabled land bank the value of which is not reflected in the group’s current net development value, Harworth said in a trading update ahead of its half-year results. Harworth previously announced plans to increase the industrial and logistics (I&L) weighting of its portfolio to 85% and reduce its residential exposure by 2029. Jonathan Haigh, chief investment officer at Harworth, said: “Gateway 36 has established itself as a major hub for distribution and logistics in Yorkshire, with a wide range of occupiers on site.