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Middlesbrough CBRE Town Centre Report

All 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

Download the CBRE Town Report here.

Nigel Hugill

Divergent economy will take political centre stage

14 June 2013

The famously inscrutable outgoing governor of the Bank of England broke into a close approximation of a public grin last month.

Gateshead

Highcross and UK Land Estates buy out north-east HCA interest

24 May 2013

Highcross and UK Land Estates have bought the interest in the North East Property Partnership from the Homes and Communities Agency.

Pimco Logo

NewRiver and Pimco pick up £50m Middlesbrough mall

28 March 2013

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.

HMV

Revealed: Full list of HMV’s stores being marketed

18 January 2013

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

Middlesbrough malls enthrall

30 November 2012

Ignis Asset Management is to put its Hill Street Centre in Middlesbrough up for sale for £56.5m, at a yield of 8.5%.

Thomas Cook Store

Thomas Cook store disposals revealed

31 May 2013

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.

HMV, Shanghai

Updated: Hilco rescues 141 HMV stores

5 April 2013

Restructuring firm Hilco has signed a £50m rescue deal to save 141 HMV stores across the UK; list of rescued stores outlined here.

Wad of cash

Kames Capital buys £29m office portfolio

6 March 2013

Kames Capital has bought a portfolio of eight office buildings for £29.3m on behalf of its Active Value Property Fund.

George at Asda

Asda makes way for government files in Darlington

18 January 2013

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.

Annick Industrial Estate has been sold for £3.4m

Europe's largest Islamic bank makes industrial buy

22 November 2012

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.

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