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
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
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
Homes England announces £43m infrastructure investment to support Burtree Garden Village Jan 26, 2023 Homes England is to make a £43 million investment to create the infrastructure required to enable the development of Burtree Garden Village in Darlington as part of the Government’s Levelling Up plans. Burtree Garden Village will see 2,000 new homes built during a 20-year period as well as up to 200,000 sqm of employment space […] Posted by: Mya Driver Read more
Homes England Secures £250m Newcastle Regeneration Project to Revive Development Feb 16, 2024 Homes England has made a strategic purchase of Quayside West, the most substantial plot within the Forth Yards area, marking a major step in the regeneration of Newcastle. This move is set to introduce approximately 1,100 homes, heralding the creation of a vibrant and sustainable new neighbourhood adjacent to Newcastle Central Station and the Quayside, […] Posted by: Mya Driver Read more
Iconic Rothbury Estate: A £35M, 10,000-Acre Historic Property in Northumberland Hits the Market for the First Time in 650 Years Jul 31, 2023 For the first time in over 650 years, the Rothbury Estate, a historic property spanning nearly 10,000 acres, is up for sale. The estate, which is valued at £35 million, includes 23 properties and 12 farms. The Percy family, who have owned land in Northumberland since the 14th century, are the current proprietors of the […] Posted by: Mya Driver Read more
Industrials REIT acquires four MLI assets for £21m Apr 20, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […] Posted by: Mya Driver Read more
Integritas Property Group Announces Partnership with Homes for Students for Deakin’s Yard Project Mar 5, 2024 Integritas Property Group (IPG), a leading ethical property developer in the North West, is today announcing a partnership with Homes for Students for its latest project, Deakin’s Yard in Newcastle-Under-Lyme. This partnership will bring together the expertise of IPG in developing high-end student accommodation and the knowledge and experience of Homes for Students in managing and […] Posted by: Mya Driver Read more
Invest Newcastle at UKREiiF: why us? Mar 28, 2022 Often referred to as the city of opportunity, Newcastle continues to live up to the title as, despite the challenges of the pandemic, the city welcomed a record level of investment over the past two years, creating valuable jobs, driving growth across key sectors, and demonstrating confidence in the future of the North East of […] Posted by: Mya Driver Read more
