Durham’s Innovation and Inclusive Growth: A Compelling Investment Opportunity Mar 8, 2024 In the heart of the North East, County Durham stands poised to become the driving force behind the region’s innovation, entrepreneurial spirit, and inclusive growth. With a clear strategic vision based on globally significant high growth sectors, abundant, affordable employment land, cutting-edge research hubs, advanced manufacturing, and a vibrant cultural scene, Durham is gearing up […] Posted by: Mya Driver Read more
Evolve Estates acquires Jarrow shopping centre Oct 19, 2023 National commercial property and investment company Evolve Estates, part of M Core, has acquired the Viking Centre, Jarrow. Located in the heart of Jarrow, the Viking Centre has more than 60 stores occupying over 175,000 sq ft of retail space and 400 car parking spaces. The centre is anchored by national brands including Boots, Peacocks, […] Posted by: Mya Driver Read more
Exciting Opportunity for Developers: Joint Venture Partner Sought for the Durham Innovation District Oct 2, 2023 Durham County Council has announced a significant opportunity for developers. They are actively seeking a Joint Venture Partner to develop the council-owned Aykley Heads site, which is envisioned as a catalyst for the new Durham Innovation District. The 15ha site, entirely under council ownership, has already secured outline planning permission for 39,000 square meters of […] Posted by: Mya Driver Read more
Fiera Real Estate disposes of retail asset to Aldi for £5.5m Aug 2, 2022 Fiera Real Estate UK (“FRE UK”) is pleased to announce the sale of West Denton Retail Park in Newcastle on behalf of Fiera Real Estate Long Income Fund UK (“FRELIF”) to Aldi for £5.5m. The asset is situated three miles north-west from Newcastle city centre, just off the A1 and offers excellent road connections for […] Posted by: Mya Driver Read more
Former Newcastle Brown Ale brewery site acquired for leisure development Aug 23, 2022 The owner of the UK’s largest shopping centre – the MetroCentre in the North East – has acquires a 13-acre site adjacent to the shopping centre which they’re aiming to transform into a leisure attraction. The former Federation Brewery site, which used to brew Newcastle Brown Ale, has been acquired by ‘The MetroCentre Partnership’ – […] Posted by: Mya Driver Read more
Game-changing £250m investment for University of Sunderland Jan 31, 2023 Today, the University of Sunderland has announced it will be investing £250 million over the next 10 years to transform the facilities enjoyed by students at its campuses in Sunderland and London. This investment is a major step-change in the University’s ambitions, building on the £75 million already invested on facilities in the last five […] Posted by: Mya Driver Read more
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
Go-ahead given to AtkinsRéalis-designed Darlington Government Hub Aug 8, 2024 A new government office development designed by AtkinsRéalis for the UK Government Property Agency (GPA) has been given the go-ahead by Planning Applications Committee in Darlington. The new five-storey, 10,000 square metres government hub on Brunswick Street will build on the success of the Darlington Economic Campus (DEC), currently comprising Feetham House and Bishopsgate House, […] Posted by: Mya Driver Read more
Gosforth shopping centre back in local hands after £9.3m acquisition Nov 9, 2022 A North East real estate firm has brought a leading retail investment back into local hands for the first time in eight years, following an off market deal. Monument Real Estate, which is based in Newcastle, has led the acquisition of Gosforth Shopping Centre in an off-market transaction, with the backing of a consortium of […] 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
Gresham regeneration plans move forward after multi-million pound injection Dec 20, 2024 Plans for transformational scheme to regenerate a key site in the heart of Middlesbrough from next spring have moved forward after new funding was approved. Middlesbrough Development Corporation (MDC) has agreed to provide a further £7million to breathe life into Gresham with the development of a new hotel alongside professional living and student accommodation. The […] Posted by: Mya Driver Read more
Hartlepool borough commits £20m to start transforming town Nov 30, 2022 Plans to reinvigorate the centre of Hartlepool by establishing a Mayoral Development Corporation have won unanimous support from the town’s council following an Extraordinary Council Meeting. Tees Valley Mayor Ben Houchen and Hartlepool Borough Council Leader Shane Moore revealed the proposals in April this year to reshape the town, make it a more attractive place […] Posted by: Mya Driver Read more
