Global tech firm invest in £350m transformational project that will bring a world stage to the North East Mar 28, 2022 North East born tech firm, Sage, who are global leaders in accounting, financial, HR and payroll technology for small and mid-sized businesses, have recently invested £10m into a community-focused, international venue for world class business and entertainment. As official naming partners this reinforces their commitment to the region as they look to support businesses by […] Posted by: Mya Driver Read more
Plans revealed for £200m business park in Teesside Feb 8, 2022 Details have been unveiled for a £200 million business park set to be built on the south side of Teesside Airport. The first phase will see the creation of four new units along a new through road, with construction due to begin within weeks. The business park is expected to create up to 4,400 jobs when […] Posted by: Mya Driver Read more
Almscliffe-Dhesi completes significant property deal in Middlesbrough Feb 2, 2022 Yorkshire-based Almscliffe-Dhesi Developments Ltd has completed a significant property deal by the A66 in Middlesbrough. The flourishing property company, part of the Almscliffe-Dhesi Group, is converting a brownfield site by the SG Petch dealership into a brand-new drive-thru’ roadside location. The 6,200 sq ft development, which has received planning approval, comprises three stand-alone units which […] Posted by: Mya Driver Read more
Blackpool Pride of Place Partnership calls on Government to further its mission to ‘Level Up’ Blackpool’s economy by £1bn Jan 31, 2022 The Blackpool Pride of Place Partnership has today released the latest edition of its Blackpool Town Prospectus aimed at responding to the current and future needs of the local community, and building on the Government’s levelling-up agenda. The Prospectus, titled “An Agenda For Action 2030” is a long-term strategic vision for Blackpool, positioning the area […] Posted by: Mya Driver Read more
Gresham House invests £164m in Borderlink Broadband Jan 11, 2022 Gresham House’s British Sustainable Infrastructure Fund (BSIF) has invested £164m (€191m) in fibre broadband provider Borderlink Broadband. Gresham House said the investment is being made via its BSIF I and BSIF II funds. Borderlink, trading as rural broadband provider GoFibre, serves residential and business customers across Scotland, Cumbria and Northumberland. BSIF’s £164m funding, together with […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two further grocery stores Jan 5, 2022 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales, for a total purchase price of £55.1 million (excluding acquisition costs), reflecting a combined […] Posted by: Mya Driver Read more
£400m investment to create largest multi-modal biopharmaceutical manufacturing site announced Dec 2, 2021 FUJIFILM Diosynth Biotechnologies, a world leading contract development and manufacturing organisation (CDMO) for biologics, viral vaccines and viral vectors, has confirmed a £400 million planned investment package at its UK facility in Billingham, Teesside. This investment package more than doubles the site’s existing development and manufacturing footprint, creating the largest multi-modal biopharmaceutical manufacturing site in […] Posted by: Mya Driver Read more
Muse promises net-zero first for North East Apr 21, 2021 The first North East-based office development that is committed to being ‘net zero in operation’ has been approved by South Tyneside planners. Muse Developments’ 50,000 sqft Glassworks scheme will run solely on 100% renewable electricity complete with a 3,200 sqft solar array on its roof. It is designed to be fossil-fuel free, ultra-low energy and […] Posted by: Mark Flanagan Read more
Planning approval for flexible unit phase of £300m North East business park Apr 13, 2021 The next phase of Citrus Durham’s 3million sqft business park development just off the A1(M) in the North East has been approved by planners. The £300m Integra 61 mixed-use development near Durham is now set to be bolstered by 23 flexible units which are being delivered on a speculative basis. Amazon has already agreed to […] Posted by: Mark Flanagan Read more
Three steps forward for Sunderland’s massive Riverside project Mar 31, 2021 Three key elements of Sunderland Council’s flagship Riverside development were approved by planners this week. A £31m smart bridge, 132 new homes – the first of 1,000 planned for the area – and a 650-space multi-storey car park were all given the go ahead at a meeting on Monday. All are due for completion in […] Posted by: Mark Flanagan Read more
