Concessio Canonical ID
GB40P0001673
Registry Preview
Overview
Capital value
£27.8m
HMT 2025
Expiry
2034
7 years remaining
Deep Scan
Investment ThesisLocked
New City Library and High Heaton Community Library is an operational Private Finance Initiative social infrastructure concession in the United Kingdom, with 7 years remaining to the 2034 contract end — grantor Newcastle City Council, operated by Kajima Newcastle Libraries Limited.
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Public Registry Fields
General Information
Display format
GB-40-P-000167-3
Country
United Kingdom (GB)
Sector
Social Infrastructure (40)
Family
Social
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Newcastle City Council
Operator
Kajima Newcastle Libraries Limited
Operations start
01 Apr 2009
Contract end
28 Feb 2034
Capital value
£27.8m (HMT 2025)
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Contract Economics
Financial Terms & ClausesLocked
| Term | Value | Price base | Period | As of |
|---|---|---|---|---|
| Indexation basis | ||||
| Availability deductions | ||||
| Performance deductions | ||||
| Market testing / benchmarking | ||||
| Termination compensation | ||||
| Change in law | ||||
| Handback provisions |
Locked rows show the standard UK PFI project agreement term set tracked by Concessio; extracted values render as they are verified against primary sources. Full clause text and citations are available in the app.
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Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 24.9 | — | 35th |
registry |
| Capital value | £27.8m | 2025 | 40th |
HMT annual · public |
| Availability (%) | ||||
| Deductions (% of UC) | ||||
| Lifecycle spend vs plan (%) |
Percentile bars show this concession's position against Social Infrastructure benchmark cohorts in the registry (largest cohort n=1,517). Interquartile band shaded. Locked rows show the standard KPI set for this asset class — series and percentile placement unlock in the app.
Counterparties
Parties & ContactsPartial
Grantor
Newcastle City Council
Department for Culture, Media and Sport (DCMS) · United Kingdom
Operator / SPV
Kajima Newcastle Libraries Limited
Company No. 05887685
In the full profile
Management service co.
Hard FM provider
Senior lenders
Financial adviser
Legal adviser
Diligence Signals
Risk & CounterpartyLocked
Diligence signals
3 tracked
contractual · market · political
Grantor election exposure
Disputes & precedent
The full risk register covers counterparty credit, political cycle, regulatory determinations and dispute history for concessions in this class.
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Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Newcastle City Council.
Who operates New City Library and High Heaton Community Library?
The operator on record is Kajima Newcastle Libraries Limited.
When does the concession expire?
The contract end on file is 28 Feb 2034 — 7 years remaining.
What is the capital value?
£27.8m per the HM Treasury 2025 return.
Transparency
Data & Sources
How this entry is verified
Reconciled against HM Treasury PFI/PF2 2025 summary data. View the gov.uk publication →
How Concessio sources data
Records are extracted from primary public sources — regulatory filings, government disclosures and official registries — and cross-checked before entering the platform. Every published datum carries its source citation in the app.