00:00The owners of Gateshead's Metro Centre say the move will support the next phase of redevelopment around the site.
00:07Reports suggest Fraser's Group is in talks over a possible purchase, although the company has declined to comment.
00:15Metro Centre says the sales process remains at an early stage.
00:18The centre and surrounding Brownfield land are earmarked for the proposed Metro Riverside neighbourhood,
00:24with plans for thousands of homes near the River Tyne.
00:28No formal planning approvals have yet been granted, and it is not known whether any sale would affect those proposals.
00:35The development also aims to follow 20-minute city principles, keeping everyday service within walking distance for residents.
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