Downing’s funding fix for Newcastle University

Merchant Place pays £32.5m for first phase of brewery redevelopment

Downing, the Liverpool-based developer, has secured forward-funding for the first phase of its £200m redevelopment of the former Scottish & Newcastle Brewery in Newcastle.

London and Newcastle-based Merchant Place Corporate Finance has agreed to pay £32.5m for the scheme near Newcastle United’s sportsdirect. com @ St James’ Park ground …

View original article