Middlesbrough CBRE Town Centre ReportAll the latest population, socio-economic deomgraphics and property valuation data on Middlesbrough and its surroundings. CB Richard Ellis considers the prime area of pitch within Middlesbrough to be The Mall shopping centre, anchored by BHS and Boots.
Headline Zone A Rent
£90 per sq ft
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The famously inscrutable outgoing governor of the Bank of England broke into a close approximation of a public grin last month.
Highcross and UK Land Estates have bought the interest in the North East Property Partnership from the Homes and Communities Agency.
NewRiver Retail and US bond investor Pimco are in talks to buy a shopping centre in Middlesbrough for around £50m, in what would be the pair’s second joint venture.
A full list of HMV’s 223 stores is now being circulated around the retail market in a bid to find new tenants.
Ignis Asset Management is to put its Hill Street Centre in Middlesbrough up for sale for £56.5m, at a yield of 8.5%.
A list of Thomas Cook’s surplus stores which have been earmarked for closure is being circulated around the market, as retailers start talks to take on the units.
Restructuring firm Hilco has signed a £50m rescue deal to save 141 HMV stores across the UK; list of rescued stores outlined here.
Kames Capital has bought a portfolio of eight office buildings for £29.3m on behalf of its Active Value Property Fund.
In less than a month after the last garment destined for Asda supermarkets was shipped out of Stead House on Darlington’s Faverdale Industrial Estate, the first batch of government documents entered the premises for storage.
The largest Islamic bank based in Europe, the Bank of London and The Middle East, has bought another property for its Light Industrial Building Fund.