As fewer people go to the counter and more use apps, what are the implications are for bank branches on the high street?
Traditional valuation models are being questioned but it may take a downturn for valuers to alter their approach.
What is behind the success of the region?
Scheme features co-working space.
The lack of a regional voice is something that deeply troubles property professionals in the North East. While in the past year a host of UK city regions have been established and elected mayors to fight their corners, Newcastle and its hinterlands saw its devolution deal implode.
Last summer Newcastle received its biggest vote of confidence in years when Legal & General Capital (LGC) announced that it would invest at least £65m in Science Central, a science and technology hub in the city’s centre.
One of the most prominent - and longest-stalled - regeneration schemes in the North East took a step forward earlier in the summer when the Reuben brothers-owned Motcomb Estates announced plans for a boutique hotel.
Take-up of logistics and industrial units over 50,000 sq ft across the North East totalled 755,582 sq ft in the first half of this year, down 5% on the previous half year but 33% up on the same period last year, according to Knight Frank.