Partner Article
Quayside acquisition sees Northumberland Estates return to Newcastle
Family-owned real estate developer Northumberland Estates has announced the opening of a Newcastle office.
Recently-purchased from Standard Life, the new space sees the firm return to the city for the first time in over a decade.
Northumberland Estates’ Commercial Property, Investment and Planning teams, plus associated admin staff, will now move to the new premises at 110 Quayside..
Those working in the traditional estate and tourism divisions of the business will continue to be based at the company’s Alnwick HQ.
Rory Wilson, Agent for Northumberland Estates, explained: “For decades the business had a Newcastle office, but times change, and it became surplus to requirements.
“Given our focus on further expansion of the property investment portfolio, much of which is located here in the North East, it now makes sense for us to have a Newcastle base once again.”
He added: “This is an exciting move for us.”
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