Today's North East business news from Insider |
| Supermarket Income REIT acquires two sites | Real estate investment trust Supermarket Income REIT has acquired two supermarkets, based in Tyne and Wear and South Wales, for a total purchase price of £55.1m, as well as increasing its debt facility with Barclays and Royal Bank of Canada.
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| Challenging year for Barbour | The managing director of Barbour has said that it will 'rely on the resilience of our brands and the hard work and skill of our teams' to guide the company through challenges faced by the coronavirus pandemic, following a drop in turnover and uncertainty across global markets.
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| Strong position for door manufacturer | The managing director of Gateshead-based Virtuoso Doors, which employs 120 people, has said that the company is heading into 2022 with a strong balance book following a year 'that will not be forgotten in a hurry'.
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