Tag: Investment
Lycetts – a leading independent insurance broker is relocating its UK headquarters to the first phase of Newcastle’s Pilgrim Place, after exchanging contracts on 10,000 sq.ft of new office space. Lycetts has signed a 15-year lease at Bank House, which will see the firm occupy the entire sixth floor of the 14-storey building when construction […]
One of the UK’s leading offshore energy ports has taken its next significant step in its £12m decarbonisation strategy, thanks to support from Lloyds Bank. Port of Blyth, based in Northumberland, has added a new electric crane to its fleet of equipment to increase its capacity capabilities and reduce emissions. The Konecranes Gottwald ESP.6 Mobile […]
High demand for premium office space at AirView Park has led to a new planning application being submitted ahead of schedule for a further 20,000 sq ft of commercial units. Construction on Phase Two; buildings 2a (International Space Station) and 2b (Denyer Court) is currently ongoing and due for completion by the end of the […]
Key figures in the film and media industry will be discussing the epic future of the North East’s film and media scene in Sunderland next week. Fulwell73’s managing partner Leo Pearlman and UK CEO Johnny Moore will be giving a talk about the company’s future plans that will put Sunderland and the North East at […]
By Guy Currey, Director, Invest North East England When I have the opportunity to write about our offshore wind sector, and the region’s wider green industry, my first instinct is to ask, ‘Can I have a larger word count?’ Because there is so much to include and an incredible amount the North East can be […]
A new £11million facility in Blyth which will create opportunities for thousands of young people and adults interested in working in the clean energy sector has been granted planning permission. The Energy Central Learning Hub will provide a range of state-of-the-art industrial training, education and STEM-related skills facilities, with construction set to start in October […]
Rafael Advanced Defense Systems Ltd. has completed the acquisition of Pearson Engineering Ltd. (PER). The acquisition was executed under a stock purchase agreement (SPA), transferring 100% of the ownership. The acquisition includes PER’s subsidiary company Responsive Engineering Ltd. RAFAEL is a world-renowned, Israeli-based defence contractor, specializing in cutting-edge, innovative defence systems, such as the famous […]
One of the North East’s most high-profile development schemes has secured an international law firm as its first occupier, seven months ahead of practical completion. DAC Beachcroft (DACB) has exchanged contracts to become the very first tenant of Bank House in Newcastle, the first of three new office buildings that will make up Pilgrim Place. The […]