Skip to Content
McAleer & Rushe
  • Home
  • Company
    • Mission & Values
    • Management Team
    • Partners
    • News & Media
  • Development
    • Development Overview
    • Hotel Projects
    • Office Projects
    • Residential Projects
    • Student Projects
  • Investment Projects
  • Contact
  • D&B Construction
Skip to Content
MENUMENU
  • Home
  • Company
    • Mission & Values
    • Management Team
    • Partners
    • News & Media
  • Development
    • Development Overview
    • Hotel Projects
    • Office Projects
    • Residential Projects
    • Student Projects
  • Investment Projects
  • Contact
  • D&B Construction

MRP >  Projects > Maldron Newcastle Upon Tyne

Maldron, Newcastle Upon Tyne

 icon
Sector
Hotel
 icon
Beds
265
M icon
GDV
32M
 icon
Completed
September 2018
 icon
Sector
Hotel
 icon
Beds
265
M icon
GDV
32M
 icon
Completed
September 2018

Overview

The development comprises of a 265 bed Maldron Hotel which was completed in November 2018 as part of a wider mixed-use regeneration scheme with the Unite Group, which is located on the site of the former Newgate shopping centre.

The hotel opened in December 2018 ahead of schedule and represents Dalata’s first Maldron operation in England, comprising of an extensive bar area, restaurant and business meeting facilities.

The six-storey hotel with vacant retail unit has been subsequently sold by MRP to UK Commercial Property Finance Holdings Limited (UKCPFH) which was advised by Standard Life Investments for £32.7 million on a Forward Funding basis.

London

161
Drury Lane
London
WC2B 5PN

T: +4420 7224 4900

enquiries@mrp.co.uk

Belfast

Capital House
3 Upper Queen Street
Belfast
BT1 6FB

T: +4428 9032 0055

Dublin

The Cresent Building
Northwood
Santry
Dublin 9

T: +353 1 893 4916

Cookstown

17-19
Dungannon Road
Cookstown
BT80 8TL

T: +4428 8676 3741

  • © 2023 McAleer & Rushe
  • Privacy Policy
  • Modern Slavery Act
  • Gender Pay Report
  • Created by WebsiteNI
  • Vimeo
  • Twitter
  • Linked-In