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
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
Naylors Gavin Black secures £3M+ purchase of Durham business centre Nov 23, 2022 Independent property consultants Naylors Gavin Black has helped a client secure the off-market purchase of a multi-let industrial business centre in County Durham for more than £3 million. The Langley Moor site, which makes a significant contribution to the local economic landscape, has been bought by a confidential private investor based in London and reflects […] Posted by: Mya Driver Read more
New £800 million Construction Framework Will Deliver Infrastructure Ambitions Jun 15, 2023 NEPO has launched a new £800m Construction Framework to deliver the North East and UK’s infrastructure ambitions. To ensure that it meets the needs of buyers, the Framework has been developed through extensive market engagement with regional and national suppliers. The Framework will run until June 2027, bringing certainty to public sector buyers. It includes […] Posted by: Mya Driver Read more
New consultation launched over ‘exciting’ plans for new Quayside hotel Jun 6, 2023 Plans for a new luxury hotel in the heart of Newcastle’s popular Quayside area are outlined in a public consultation, launched this week by local planning specialist Lichfields. The move sees a proposal by Dakota Hotels to convert the currently vacant St Ann’s Wharf at 112 Quayside into a boutique-style 115 bedroomed hotel as part […] Posted by: Mya Driver Read more
New offices approved for South Bank Quay as wider build set for completion before year end Oct 24, 2023 A new base to service a game changing Teesworks project has been approved. Plans for an operations headquarters next to the upcoming South Bank Quay have been given the green light by planners at Redcar and Cleveland Borough Council. The base will help service the huge quay with offices, a visitor reception, staff facilities, and […] Posted by: Mya Driver Read more
Newcastle-under-Lyme could see the construction of over 5,000 Homes Jun 22, 2023 Newcastle Could See Approximately 5,400 Homes Built Across Over 40 Sites in the Next Two Decades Pending Approval of New Plans The most substantial single site designated for housing is the Keele golf course, with plans for approximately 900 homes. Land at Red Street and High Carr Farm in Chesterton is proposed for about 750 […] Posted by: Mya Driver Read more
Newcastle-under-Lyme’s York Place Poised for Transformation: Development Opportunities Abound Nov 9, 2023 The York Place shopping centre in Newcastle-under-Lyme is slated for demolition, marking a pivotal change in the town’s landscape and opening doors to a series of potential development opportunities. As the last of its tenants, The Co-operative Bank and Specsavers Hearing Centre, relocate to new premises within the town centre, the stage is set for […] Posted by: Mya Driver Read more
