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
Investec provides GSA with £85m loan to refinance and partially refurbish five UK PBSA assets Mar 22, 2023 21 March 2023: Investec Real Estate (“Investec”) announces that it has provided Global Student Accommodation (“GSA”), the global leader in purpose-built student accommodation (“PBSA”), with an £85 million loan to support the refinance and partial refurbishment of five UK PBSA assets. The properties provide a total of 1,460 beds to students in London, Lincoln, Newcastle, Nottingham, […] Posted by: Mya Driver Read more
Levelling Up Secretary in North East England to sign historic £1.4 billion devolution deal Jan 30, 2023 A landmark devolution deal has been signed in North East England today by Levelling Up Secretary Michael Gove and eight local leaders in the region. The devolution deal will transfer new powers to local leaders in the North East to deliver skills, transport and housing, supported by £1.4 billion of funding. The Levelling Up Secretary, […] Posted by: Mya Driver Read more
Mayor unveils his £1 billion transport plan for Teesside, Darlington, and Hartlepool Jan 15, 2024 A huge package of vital transport projects to transform the region has been revealed by the Tees Valley Mayor, Ben Houchen, following a funding boost of £1billion from the scrapping of HS2. This represents the largest investment of money by the mayor in six years in office, with the money being earmarked to improve road, […] Posted by: Mya Driver Read more
Middlesbrough seeks developers for central redevelopment Sep 28, 2023 Middlesbrough is opening its doors to developers interested in contributing to the town’s central redevelopment. The Middlesbrough Mayoral Development Corporation has released its Masterplan, which includes the Draft Design Code, a document that outlines the types of projects that will be supported in the region. The Masterplan has set objectives to create 4,000 jobs, build […] Posted by: Mya Driver Read more
More than 25 transport projects given green light in new £1 billion package Jan 26, 2024 Leaders have agreed a huge package of vital transport projects to transform the Tees Valley as part of a funding boost totalling almost £1billion. Tees Valley Mayor Ben Houchen and Cabinet Members of the Tees Valley Combined Authority backed the vision in a unanimous vote at Friday morning’s Cabinet meeting (26 January). The transport programme […] Posted by: Mya Driver Read more
Multi-million pound battery storage site planned for Teesworks Jul 1, 2024 Teesworks Ltd has reached an agreement with battery storage specialist Energy Optimisation Solutions build a Battery Energy Storage System (BESS) on a three-acre plot at the Long Acres section of the 2,500 acre Teesworks site. The £62m facility will enable up to 100 Megawatts (MW) of additional green energy to be plugged into the grid. […] Posted by: David Gilbank Read more
