All North East articles – Page 25
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Online
Assura acquires medical centre in £12.3m deal
Primary care property investor and developer Assura Group has acquired the entire shareholding of Park Medical Services.
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Online
Speculative sheds to spring up in Gateshead
Gateshead is to get its first new speculative business space in six years after the North East Local Enterprise Partnership agreed funding to help build a £7m trade park.
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Online
Clearbell makes £11.85m shopping centre buy
Clearbell Capital has bought a North East shopping centre from Kennedy Wilson in a £11.85m deal.
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Online
Land Securities sells £152m centre
Land Securities has completed the sale of The Bridges shopping centre in Sunderland.
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Online
Land Securities sells £152m centre
Land Securities has completed the sale of The Bridges shopping centre in Sunderland.
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Online
Passport Office moves into 65,000 sq ft Durham office
HM Passport Office has signed for 65,000 sq ft of office space in Durham.
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Online
Megasheds planned at Teesport scheme
PD Ports and Gazeley will develop 1.6m sq ft of port logistics warehousing at Teesport in the north-east.
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Online
LandSecs mulls £200m Sunderland mall sale
Land Securities is considering the sale of its The Bridges shopping centre in Sunderland for a price which is understood to be around £180-200m.
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Online
Legal & General Property buys £21m Middlesbrough leisure park
Legal General Property, on behalf of its leisure fund, has purchased Middlesbrough Leisure Park in Middlesbrough from Highpoint Estates for £21.25m, reflecting a net initial yield of 6.9%.
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Online
Crown buys 4,500 acre Northumberland wind and agricultural farm
The Crown Estate has bought Rio Tinto’s 4,500 acre Alcan Farms agricultural land portfolio in Northumberland.
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News
Washington centre open for business
Exterior works at the £6.6m Washington Business Centre at Turbine Business Park in Sunderland have been completed, leaving it open for prelets.
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Online
Europa and Ediston buy Sunderland retail park
Europa Capital and Ediston have acquired Pallion Retail Park in Sunderland for £18.9m, reflecting a net initial yield of 7.29%.
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Online
Marston's buys five pub sites
Pub owner Marston’s has bought five new pubs across the UK which will have a value of £20m once completed.
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Markets
Trinity Square ticks Gateshead’s boxes
Tesco Extra, Vue, Nando’s and Poundland move in on former Get Carter site. Christine Eade reports
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Markets
Big question: can combined authority bridge rivalry?
Rivalry leading to animosity between the towns and cities of the north-east is legendary.
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Markets
Newcastle’s monument to Aussie grub
Hammerson is about to let Newcastle’s largest restaurant: on two levels beneath the glass dome of Monument Mall on Blackett and Northumberland streets.
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Markets
Tesco Bank among tenants on benefits at Gosforth park
Generous subsidies lead to low rents at Quorum. Christine Eade reports
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Markets
Industrial action hots up in North Shields and Team Valley
More than 100,000 sq ft of speculative industrial development is on site or about to start in the north-east after a five-year drought in development.
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Markets
Biggest office deal in Newcastle since 2010
Market still mixed, despite bidding war for Time Central. Christine Eade reports
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Online
Agents appointed on £400m iPort
Verdion has appointed Gent Visick, CBRE and Cushman Wakefield as letting agents for iPort, its £400m inland port project in Rossington near Doncaster.