North East Devolution: A Catalyst for change or a hinderance to regeneration?

8th October 2018

One of the most anticipated, and debated, issues for the North East has been the £600m North of Tyne Devolution deal.

When finalised, it will lead to a transfer of powers from central government to those areas across the North of Tyne and will be expected to help generate 10,000 new jobs. The aim will also be to unlock investment for infrastructure projects, housing and other property schemes that are in the pipeline.

To discuss this, and other issues, HTA Real Estate director Russell Taylor recently joined a Roundtable event hosted by Insider Media. The event brought together a group of leading property practitioners and professionals from the region. The discussion centred on what the impact of North East devolution might have on the region’s property market, what the mayor’s role should be and what they would need to do to create new investment opportunities for the region.

The Roundtable also examined how the North East can best market itself to overseas investors, some of the regeneration projects being brought forward, and what might be in store following the UK’s withdrawal from the EU.

Please click on the link to read the views and opinions of the attendees: