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NewRiver secures Wallsend mall prelets

NewRiver Retail, the retail-focused UK REIT, has secured two prelets and begun its development programme for The Forum Shopping Centre in Wallsend, Newcastle-upon-Tyne.
CoStar News
March 27, 2013 | 1:33 P.M.

As part of NewRiver’s plans for the centre, which include the re-modelling of the former Co-operative store, North Tyneside council has signed a 30-year break-free lease at an initial rent of approximately £363,000 pa, which will be used for a 50,000 sq ft library and community centre.

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News | NewRiver secures Wallsend mall prelets