North East Property NewsAll the latest property news from Newcastle, Middlesbrough and Sunderland, plus all of Tyne and Wear, Teesside and Durham.
Private equity firm Henley is on the verge of snapping up a portfolio of more than 1,500 student beds from Liberty Living for more than £50m, Property Week can reveal.
Unite Students Accommodation Fund has acquired a £34m asset under development in Durham that will provide a home for 363 students.
Leeds City Council has announced Idé Real Estate as the preferred purchaser for three grade II listed building in the city, which will be redeveloped into a hotel and offices.
Sovereign Centros, the UK retail and leisure developer and asset manager, and Orion Capital Partners, have submitted a planning application for a leisure extension at Trinity Walk in Wakefield.
Plans from University Partnerships Programme (UPP) for a new £130m student accommodation scheme at the University of Hull have received unanimous approval from Hull City Council.
Newcastle Building Society has purchased the premises it currently leases at 21 Cobalt Park in North Tyneside for an undisclosed price from Highbridge Properties.
Outline planning consent has been granted for Sheffield’s £175m mixed-use West Bar Square development.
IP Investment Management (IPIM) has increased its stake in the UK student housing market with major investments in Durham, Exeter and Liverpool.
NORTH EAST PROPERTY FEATURES
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.
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.
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.
The Lanes Shopping Centre in Carlisle has added a brand new Primark to its 70-strong set of outlets in the city’s largest store opening since 2000.