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property news
17:37, 13 APR 2023
Billionaire Issa brothers’ EG Group in $1.5bn US property sale to slash debt
North West
The brothers also co-own Asda with TDR Capital
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Cramlington's Merit enlisted for £150m Moderna vaccine hub scheme
Construction
Hundreds of construction jobs will be created through the Moderna Innovation and Technology Centre (MITC) project
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Highcross Shopping Centre goes into receivership
Retail & High Street
It follows multi-million pounds losses at Highcross, which is jointly owned by Hammerson and Asian investors
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West Midlands retail closures highest in Britain
West Midlands
But a new report by PwC also says that last year the actual rate of shutdowns in the region was its lowest since 2018.
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Starling Bank to create 1,000 jobs in Manchester after signing Landmark deal
North West
Other tenants include Santander º£½ÇÊÓÆµ, RSM, HSBC º£½ÇÊÓÆµ and Grant Thornton
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Developer pulls application for £750m Leicestershire rail freight hub – but says it’s just a temporary thing
Logistics
Vast scheme has drawn criticism from councils, MPs and residents who say public consultation has not been up to scratch
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Look inside proposed landmark student apartment tower as plans submitted
North West
Manchester City Council is expected to make a final decision on the plans in the coming months
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Winvic Construction fined £160,000 for polluting brook at East Midlands Gateway
Environment
Water near East Midlands Gateway site was apparently ‘running red with silt pollution’
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Packaging firm Terinex Flexibles plans new jobs at £8m HQ
Construction
Firm that makes flexible packaging for food, medical and pet food starts work on 3 acre site near Derby
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Leicester, Nottingham and Derby shop closures slowing
Retail & High Street
Sector partly helped by a bounce-back in businesses such as takeaways, convenience stores, DIY and pet stores
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Landmark Newcastle city centre office The Pioneer unveiled by developers
property news
The 100,000sqft building is set over 10 storeys with indoor and outdoor workspace and 360 degree views across the city
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RIBA reveals shortlist of 2023 West Midlands Awards
West Midlands
Nine separate construction and restoration projects across the region have been named as finalists in recognition of their architecture excellence
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North East fashion giant END. opens first overseas store in Milan
Retail
END. was first established 18 years ago in a small shop on Newcastle’s High Bridge but the firm now employs more than 700 people
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Work to start transforming area around Derby station
Deals
Council hopes investment could spark a transformation to the west side of the station
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Plans to create 1,600 jobs at Alderley Park approved
North West
This will be the first newly built commercial space to be delivered since the site was acquired in 2014
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Growing Gateshead property firm seals Leeds deal to signal North expansion
property news
MCM Group was founded in 2016 by Hadrian Healthcare entrepreneur and philanthropist Ian Watson
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Manufacturer secures new £13m Black Country base
West Midlands
Drywall Steel Sections is working with combined authority on new plans to regenerate brownfield land
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Councils say consultation into £750m rail hub has been ‘incomplete and inaccurate’ and ‘vague’
Logistics
'We found essential evidence and information were simply not there or were presented before they were ready'
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º£½ÇÊÓÆµ Land Estates makes trio of major acquisitions across North East business parks
Deals
The developer and landlord will boost its portfolio by another 410,000 sqft of space
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Full list of stunning buildings named by RIBA as the best in the South West
South West
A luxury treehouse, a former jail and a reconstruction of a Roman villa are among the 23 buildings shortlisted for the 2023 RIBA (Royal Institute of British Architects) South West Awards.
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Consultation on major Bristol regeneration scheme launched by Legal and General
Bristol
The financial services giant said its proposal for a derelict site by Temple Meads railway station could deliver hundreds of homes and thousands of new jobs
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Former Gateshead freight depot to be transformed with 270 new homes
Housing
The Gateshead Regeneration Partnership is building the homes as part of a £350m drive to create 1,500 new homes
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Cladding manufacturer looks to growth with new warehouse
West Midlands
Finish Facades has moved to a new home in Small Heath
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Housebuilder to deliver Gloucester homes for soldiers in army partnership
Housing
Taylor Wimpey said it the new development would provide more than 170 homes for army personnel and their families
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