NHS trust buys Gosforth office block

by Jim Dunton Fri 6th December 2013, 10:00 am

The organisation that runs Newcastle's hospitals has bought a 99,899sq ft office building in Gosforth.

Newcastle upon Tyne Hospitals NHS Trust paid an undisclosed sum to Gavin Black & Partners for the Regent Point building, the health group‘s consultant GVA said.

Tony Wordsworth, GVA’s head of offices, said the purchase was the largest office deal of the year in the Newcastle area.

“This purchase will allow the trust to centralise a number of functions from various hospital sites and free up space for future clinical redevelopment to keep the trust as the leading provider for medical services,” he said.

Trust chief executive Sir Leonard Fenwick said the office block – which is at the entrance to the Regent Centre – was “a first-class asset” that would enable it to rationalise its infrastructure.

Gavin Black & Partners acted jointly with DTZ on behalf of receiver CBRE.

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