Member Article

Shared Interest Society takes up Newcastle city centre office space

Social lender Shared Interest Society, a business which links UK investors with fair trade organisations, has announced that its head office will remain in the North East, as it takes up new office space in Newcastle.

Procuring 3,446 sq ft on the fifth floor of regenerated city centre space The Pearl (pictured above), situated on New Bridge Street West, the firm relocates from its previous office on Cathedral Square in Groat Market, Newcastle.

Gavin Black & Partners acted for Shared Interest Society whilst Hermes Investment Management, which let the office suite, was represented by Knight Frank.

Patricia Alexander, managing director at Shared Interest Society, adds: “We are proud to have our head office here in the North East. From this base we look after over 100,000 investors and work with over 400 organisations in 58 countries.

“Last year we made payments of £51.4m to Fairtrade businesses and look forward to extending this success and maximising our impact from our new home at the heart of the city.”

Stephen Bradley, asset manager at Hermes Investment Management, said: “Following an extensive refurbishment project, we are pleased to welcome Shared Interest Society to The Pearl.

“Situated in the heart of Newcastle city centre, the mixed-use scheme offers an excellent location with high-quality office space and excellent links to the rest of the UK. We have seen a rise in demand for office space in Newcastle as it becomes a location of choice amongst a range of different occupiers.”

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