Five assets in the fund’s Polaris industrial portfolio amounting to a combined 1m sq ft have been traded in a series of transactions.
Revised proposals for a store at the former Northern School of Art site on Green Lane, Linthorpe have met continued resistance, with planning officers recommending refusal.
Close to Teesside University, the site has long been considered a natural fit for student living, but a development has yet to come to fruition.
A £36.9m project delivered by Wates, BIOS houses laboratories and other facilities geared to improving learning and ultimately health provision in the region.
Former offices with consent for a 100-bedroom hotel conversion are available in Middlesbrough’s Corporation Road, with a guide price of £2.9m.
The 71,000 sq ft former department store is available for £1.2m, with a range of potential uses on the table.
A pipeline of more than 100,000 homes could soon be able to flow if rules are relaxed, according to the government.
Structures for the £35m transformation project are taking shape, with a 200-tonne crane engaged to lift in steel for the scheme.
S&A Fabrications will begin work on a 30,000 sq ft structure at the airport, returned to public ownership in 2019.
The construction business has been appointed on a £56m scheme for housing group Thirteen in Grove Hill, Middlesbrough.
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