North East

Savills has been appointed to market the fully let 12-floor building, which is at the heart of the city's Helix innovation district.

The new 'city within a city' will regenerate under-used brownfield land surrounding the Gateshead shopping centre.

The Spanish fashion retailer, part of the Inditex group, will open a 16,000 sq ft unit at the Gateshead shopping centre, joining Inditex brands Stradivarius and Zara.

The 10,000 sq ft 'Crescent' hub will comprise 10 retail units ranging from 180 sq ft to 800 sq ft, along with a central 500 sq ft café kiosk.

Work is already under way on the new combined office and depot and occupation is expected by the end of the year.

Past failures to deliver northern transport upgrades have bred scepticism about Labour’s latest plans.    

Plans to regenerate a long-abandoned brownfield site next to Newcastle’s Central Station are finally taking shape, with two key schemes set to revive the area.

AC7 will offer advise clients on leasing, development, acquisitions, disposals and marketing for offices and mixed-use projects.

FREEPORT 36 will be developed on a 300-acre site in Goole, East Yorkshire, and will form part of the Humber Freeport Goole tax site.

The company has acquired over 275,000 sq ft of industrial units at Team Valley Trading Estate, near Gateshead, bringing its total investment in the North East to over £80m for 2025.

The firm has taken a bespoke facility to establish a North East presence and joins Amazon at the site.

The estate has four fully let units including two detached industrial units and two data centres totalling 99,929 sq ft.

The funding comprises a £50m term loan and a £20m revolving credit facility.

Northern cities are struggling to close gap in attracting foreign direct investment, according to the law firm’s Investment Attractiveness Index.

The scheme, on a vacant brownfield site, will comprise a mixture of two-, three-, four- and five-bedroom homes.

Plans for the proposed second phase have been unveiled as part of a public consultation process ahead of an outline planning application being submitted to the council by the end of the year.

The agreement extends MKM’s total lease commitment at the 3.6-acre Stoneferry Road site to 21 years.

Metsä Tissue and Wykeland Group have been granted planning permission for a 3m sq ft tissue paper mill, while HBD and St John’s College Cambridge have received outline planning consent for a 5m sq ft industrial and manufacturing park.

The 12.9-acre freehold site comprises 233,214 sq ft of retail space anchored by a 68,320 sq ft Asda superstore.

The £33.5m expansion of the Northern Studios will involve construction of larger studios and a ‘screen industries production village’ in the surrounding area.