Legal & General puts The Spark, Newcastle Helix office up for sale at £33.95m+
Value
£34M
Location
The Spark, North East
Date
April 1, 2026
Companies
Legal & General, Savills, **Summary:** Legal & General appointed Savills to market The Spark, a Grade A office building at Newcastle Helix, for offers in excess of £33.95m, reflecting a net initial yield of approximately 8%. The Spark is part of the Newcastle Helix innovation district, a joint venture between Legal & General, Newcastle University, and Newcastle City Council. It provides best, **Sections:** Deals, Offices, North East, Newcastle
Legal & General appointed Savills to market The Spark, a Grade A office building at Newcastle Helix, for offers in excess of £33.95m, reflecting a net initial yield of approximately 8%. The Spark is part of the Newcastle Helix innovation district, a joint venture between Legal & General, Newcastle University, and Newcastle City Council. It provides best-in-class science and technology workspace and is described as "one of the very best office buildings in Newcastle." The disposal reflects L&G's ongoing portfolio management as it rebalances assets in its institutional fund.
Source
Insider Media