All North East articles – Page 16
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Online
Henry Boot picked for major North East industrial scheme
South Tyneside and Sunderland City Councils have appointed Henry Boot Developments as development partner on the International Advanced Manufacturing Park (IAMP) near Sunderland.
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Online
Oxenwood sells Kia shed for £24.6m
Oxenwood Real Estate has sold a prime logistics facility in the north east of England let to Kia Motors for £24.6m, reflecting a net initial yield of 5.40%.
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Online
Inglot takes first non-London store
Polish cosmetics retailer Inglot has taken 1,100 sq ft at Intu’s Eldon Square in Newcastle for its first standalone store outside of London.
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News
Portfolio sales market given timely boost by two deals worth £92m
Two portfolios are on the cusp of changing hands for a combined £92m as the hitherto dormant market shows renewed signs of life.
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Online
Citygrove sells site for 26-storey Newcastle BTR scheme
Citygrove Securities has sold a site with detailed planning consent for one of the first build-to-rent schemes in Newcastle city centre to All Saints Living.
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Online
Newcastle’s Pearl receives city’s first WiredScore
The Pearl office building in Newcastle has become the first property in the city to receive a Wired Certified benchmark from connectivity rating firm WiredScore.
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Markets
Will North East fall behind in powerhouse stakes?
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.
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Markets
Science Central brings jobs and renewed confidence to Newcastle
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.
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Markets
Large industrial deals dry up as a result of Brexit effect
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.
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Markets
Long-stalled project comes closer with plans for a boutique hotel
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.
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Online
Double partner hire backs up Mail deal for Maples Teesdale
Maples Teesdale have brought in two new partners to focus on real estate in the shape of planning expert John Bosworth and commercial property specialist Martin Smith.
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Online
Palace buys in Newcastle
Palace Capital has completed the acquisition of St James Gate in Newcastle for £20m.
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Online
No.3 St James' Gate locks up Anytime Fitness deal
ABFIT and Eldon Insurance have both taken space at McAleer Rushe Group’s mixed use scheme at No. 3 St James’ Gate in Newcastle.
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Online
Civitas in £18.5m portfolio acquisition
Civitas Social Housing has bought a freehold portfolio in north east England for £18.5m.
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Online
Northern Trust adds 90,000 sq ft to industrial portfolio
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.
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Online
Plans submitted for L&G's first building at Newcastle Science Central
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.
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Online
LXi REIT acquires Carlisle manufacturing facility
LXi REIT has acquired the SIG manufacturing facility in Carlisle in a sale and leaseback transaction.
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Insight
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.
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Online
Gateshead retail unit bought by Savills IM for £33.7m
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%.
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Online
Council set to refuse Sunderland manufacturing & commercial site
Sunderland City Council has proposed a recommendation to refuse planning for Town End Farm Partnership’s Wear Point 55 scheme at planning committee.