All North East articles – Page 6
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Markets
HMRC sparks Newcastle regeneration
Office deal is boost for city with more developments set to get under way.
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Online
Supermarket Income REIT adds two stores to portfolio and increases debt facility
Supermarket Income REIT has paid £55.1m for two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales.
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Online
Topland spends £31m for two UK offices
Topland has acquired two UK office assets from EPIC REIT managed by The Ediston Property Investment Company for a total of £31.4m.
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News
Planning permission submitted for new HMRC HQ
A planning application has been submitted for HMRC’s new 460,000 sq ft HQ in Newcastle.
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News
Rent collection in commercial property at highest level since pre-pandemic
Rent collection across the UK commercial property market has hit the highest level since pre-pandemic.
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News
Plans unveiled for four speculative industrial units at Durham’s Integra 61
Citrus Durham has unveiled plans to speculatively develop a four-unit industrial scheme totalling 337,225 sq ft at its £300m mixed-use Integra 61 development near Durham.
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News
HMRC’s new HQ owned by Tory donors through tax haven
HM Revenue and Customs’ (HMRC) new 460,000 sq ft HQ in Newcastle is reportedly owned by a Conservative Party donors through a tax haven.
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News
Moda Living and KKR launch UK BTR platform
Build-to-rent specialist Moda Living and private equity giant KKR have launched a rental platform to develop an initial 5,000 homes in the UK over the next three to five years.
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News
Gordon Ramsay’s Bread Street Kitchen is set to open at Liverpool ONE
Grosvenor Britain & Ireland has announced that Gordon Ramsay’s restaurant Bread Street Kitchen & Bar will open at Liverpool ONE.
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Insight
Sunderland turns the tide at the Riverside
Sunderland City Council’s executive director of development Peter McIntyre tells Property Week how Covid has accelerated a key regeneration scheme in the city, following investment by L&G and the council.
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News
Council completes £29.3m sale of four Logic Leeds units
Leeds City Council has sold Building One and Units 5 to 7 at industrial and distribution park Logic Leeds for £29.3m.
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Online
Urban Developments submit plans for Leeds PBSA scheme
Urban Developments has submitted plans to develop a 88-unit student scheme in Leeds.
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Online
Leah’s Yard transformation plans submitted
A planning application to transform historic Leah’s Yard on Sheffield’s Cambridge Street has been submitted.
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Online
M&S to upsize anchor store in White Rose Leeds
Landsec has announced that M S will relocate its anchor store in White Rose Leeds to the former Debenhams store.
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Online
Hillview Real Estate lets Leeds office to flexible workspace operator
Flexible workspace operator Wizu Workspace has taken Richmond House at Lawnswood Business Park in Leeds on a 10-year lease at a rent of £17.50/sq ft.
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Online
Trio of occupiers to take space at Metrocentre
A trio of fashion and beauty occupiers have agreed leases at Metrocentre totalling 83,000 sq ft, Property Week can reveal.
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News
Muse appoints new director to spearhead push into Yorkshire and North East
Muse Developments has appointed James Pitt, former development director of Evans Property Group, as its new regional director to oversee the company’s expansion plans for Yorkshire and the North East.
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Online
Avison Young and TP Bennett sign Leeds APAM office leases
Avison Young and TP Bennett have signed leases at APAM’s grade-A office block in Leeds.
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News
Nissan to develop £450m gigafactory in Sunderland
Nissan has revealed plans to develop a £450m gigafactory in Sunderland.
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News
Nissan expected to build Sunderland gigafactory
Nissan is expected to announce plans later this week to build a car battery gigafactory in Sunderland.