Reading’s office market is set for a boost as 116,000 sq ft of lettings involving two significant corporate occupier moves are finalised.

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Property consultancy Campbell Gordon has left its home of 40 years and moved into one of the buildings it markets.

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Campbell Gordon has relocated to riverside offices at the top of Reading Bridge House. The firm was based at 50 Queens Road, or one of the adjoining buildings, since the practice was founded 40 years ago, and has now moved to the ninth floor of the landmark building where it also acts as letting agent.

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Campbell Gordon have relocated to riverside offices at the top of Reading Bridge House, after 40 years at 50 Queens Road and one of the adjoining buildings.

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Campbell Gordon, LSH, Sharps Commercial and Haslams Surveyors have been unveiled as the winners of CoStar’s 2018 Reading Dealmaker Awards.

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Frasers Property, part of the Singaporean group that has businesses in Singapore, Australia, Southeast Asia, China and Europe, has completed two lettings along the M3 Corridor at Watchmoor Park in Camberley, where Flagship Foods has taken 12,500 sq ft and photonics specialist Jenoptik 22,500 sq ft, with both leases agreed on 10-year terms.

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M&G Real Estate is to finance 315 build-to-rent homes in Reading, a town in south east England, reflecting increasing interest in the sector by the asset management industry.

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On Friday 18^th May, Campbell Gordon were delighted to join up with TSP for a day of volunteering at Beale Wildlife Park and Gardens. Beale Park is a 350 acre park situated just north of Pangbourne, Berkshire with a large collection of small exotic animals, farm animals and birds as well as landscaped gardens and woodlands.

Alice, Jake and Charlie joined TSP for a day’s gardening and painting including helping out with Beale Park’s newest project, their new aviary.

M&G Real Estate is to finance 315 build-to-rent homes adjacent to Reading Station, bringing its investment in the residential sector to circa £900m.

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In February, when Property Week revealed that Texas-based Lincoln Property Company was in advanced negotiations to buy the Station Hill site in Reading, the news was welcomed in the Thames Valley town.

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Plans for the station and wider Green Park Village development were discussed during a visit by the Transport Secretary.

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Westcore Europe has signed Instant Managed Offices as its first occupier at Kennet Place, Reading, in what it said was largest office letting in Reading in 2017.

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Fidelity UK Real Estate Fund has completed the letting of 17,000 sq ft of offices in Bracknell to Bracknell Forest Homes.

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KTM Online, part of Greentech Distribution plc, has taken space at Unit 5 of the E-Centre in Bracknell.

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Campbell Gordon, the Thames Valley specialist, has promoted four members of its team.

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Cala Homes has won permission to build 61 houses and flats on the former Wick Hill campus of Bracknell and Wokingham College.

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In 2013 the Government changed Permitted Development Rights legislation to allow developers to convert offices to residential use without the need for full planning consent.  The developments can be delivered with 100% private units, in other words without the inclusion of the social rented or shared ownership accommodation that is associated with a full residential planning consent, writes Duncan Campbell of Campbell Gordon.

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Westcore Europe has appointed Campbell Gordon and Knight Frank to market Kennet Place, its 70,000 sq.ft office refurbishment on Kings Road in Reading town centre.

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M&G Real Estate and development partner Bell Hammer have launched No 2 Forbury Place, the 192,000 sq.ft final stage of the giant Forbury Place estate in Reading town centre.

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Topland has signed two tenants at its recently acquired Reading Bridge House.  OneSelect Energy has located to the building’s 7th floor, taking 5,920 sq.ft on a five year lease at £27.50 per sq.ft.  Group BC will be on part of the 9th floor taking 4,419 sq.ft at a new record rent for the building of £28 per sq.ft.  Group BC has taken a 10 year lease.
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McKay Securities, the UK REIT specialising exclusively in the London and South East office and industrial markets, has let the whole of 9 Greyfriars Road, its speculative 39,620 sqft office development in Reading, to IWG’s (formerly Regus) creative workspace arm Spaces.
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COMMERCIAL PROPERTY CONSULTANCY – CLIENT SERVICE

WINNER – CAMPBELL GORDON

Two consultancies were contesting this award, and both were hoping for one answer to make them smile.

Campbell Gordon – a submission encapsulating the firm’s great work since 2013 in defining and implementing a successful property strategy for Bracknell & Wokingham College.

Vail Williams – a submission highlighting dependable client service for St John Ambulance over nearly 20 years and involving scores of properties.

Colin Allan, managing director for Morgan Lovell, once again presented the winner’s award.

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Hermes Investment Management has made a couple of lettings at its Abbey Gardens office complex in Reading.

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Salmon Harvester Properties (SHP) has let a 3,269 sq ft floor in its 2 Queen’s Square office building on Ascot Business Park in Ascot.

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Salmon Harvester Properties (SHP) has let a 3,252 sq ft floor in its 2 Queen’s Square office building on Ascot Business Park.

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Westcore UK has bought the Alpha Building, a 68,000 sq ft office in the centre of Reading, from Aberdeen Asset Management for close to the £12.5m guide price.

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M&G and Bell Hammer have formally brought to market for lease the latest phases of their Forbury Place development, a circa 600,000 sq ft urban estate being part speculatively developed in the centre of Reading. The current quoting rent of £37.50 per sq ft will be seen as further evidence of rebounding office space prices in key UK centres.

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Five occupiers have signed for Reading’s 195-acre Green Park office campus in Reading.

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CBRE has rebounded to the top of the Western Corridor office league table. Amid falling take-up and deals, it doubled both its disposals, to 711,000 sq ft, and deal numbers, to 44, to storm over 250,000 sq ft clear at the top. Unlike previous years, a town centre deal was the largest overall.

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