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North East Property News

All the latest property news from Newcastle, Middlesbrough and Sunderland, plus all of Tyne and Wear, Teesside and Durham.

Number One Industrial Estate

Northern Trust adds 90,000 sq ft to industrial portfolio

20 June 2017

Northern Trust has added 90,000 sq ft of industrial accommodation to its North East portfolio as well as a development site of 5 acres.

Blackrock Sheffield

BlackRock acquires student housing in Sheffield

15 June 2017

BlackRock Real Assets has completed the acquisition of a second student accommodation development site in Sheffield, taking the number of beds in the portfolio of its Europe Property Fund IV to more than 2,100 across five schemes.

Newcastle Science Central

Plans submitted for L&G's first building at Newcastle Science Central

2 June 2017

Legal & General has submitted a planning application for the first of two grade A office buildings at its 500,000 sq ft Newcastle Science Central scheme. 

SIG Interiors

LXi REIT acquires Carlisle manufacturing facility

2 June 2017

LXi REIT has acquired the SIG manufacturing facility in Carlisle in a sale and leaseback transaction.

Gateshead retail unit bought by Savills IM for £33.7m

10 May 2017

Savills Investment Management has bought a 150,000 sq ft retail warehouse close to the Metro Centre in Gateshead for £33.7m, in a deal reflecting a net initial yield of 5.6%.

Wear Point 55

Council set to refuse Sunderland manufacturing & commercial site

20 April 2017

Sunderland City Council has proposed a recommendation to refuse planning for Town End Farm Partnership’s Wear Point 55 scheme at planning committee.

CBRE Brian Rogan

CBRE’S head of rating relocates to Aberdeen

20 April 2017

CBRE has announced that its head of rating in Scotland, Brian Rogan, has relocated to the Aberdeen office to focus on assisting clients in the North East with the business rates revaluation appeal process following the April revaluations.

David Wilson CW Newcastle

New leadership team for Cushman & Wakefield in Newcastle

18 April 2017

Cushman & Wakefield has announced two new leadership appointments in the North East with existing partners David Wilson and Greg Davison becoming head of the Newcastle office and head of Newcastle office agency respectively.

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NORTH EAST PROPERTY FEATURES

Colin Lewis Avant Homes CEO

Northern focus pays dividends for Avant

The latest financial results of mid-market housebuilder Avant Homes illustrate just how well the regional housing market has held up in the wake of the EU referendum result.

Millennium Bridge

Why Brexit vote could be more of a help than a hindrance

To kick off the new year, Property Week asked our inaugural panel of regional experts to give their forecasts for the North East market in 2017 and, despite the challenges, the outlook is positive.

Cobalt Business Park, North Tyneside

Q&A: North East sets out stall to be UK’s next digital powerhouse

When it comes to the UK’s tech industry, London’s Silicon Roundabout may generate most of the headlines, but Newcastle is coming up fast on the rail.

Left to right: John Seager, David Roberts, Chris Ives and Paul Watson

Building on Sunderland’s heritage to bring about regeneration

In the dying weeks of 2016, the first soil was turned on the Vaux project in Sunderland city centre. But this wasn’t just the start on site of any old project.

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