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North East ‘on cusp of transformative growth’

The Journal

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July 10, 2025

NORTH East investment company Develop North has announced plans to increase its activities to support businesses, housing and regeneration projects in the region.

- GRAEME WHITFIELD Journal editor graeme.whitfield@reachplc.com

The company, which was established by Newcastle-based fund managers Tier One Capital in 2017, has supported 39 projects around the region, deploying more than £80m in capital and helping companies to create thousands of jobs. The London Stock Exchange-listed firm specialises in property development finance, mostly in the North East.

Develop North is currently restricted to a single asset class of debt predominantly secured over land or real estate. As part of proposals announced on the Stock Exchange, it is exploring a potential fundraise to accelerate its growth

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