Only a few years ago, the rhetoric around business parks was decidedly negative.  Old fashioned and out of touch with the needs of modern occupiers, they were destined to lose out to town centre office schemes.

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Westcore has introduced the ‘Flow’ fitted suite concept at Kennet Place

Westcore has signed Berkeley Homes for a fitted suite concept – ‘Flow’ – at Kennet Place in Reading.

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Campbell Gordon director Duncan Campbell says it is too early to write off Permitted Development (PD) schemes.

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Demise of PDR ‘greatly overstated’

Marson Property has bought Abbey House, a 16,000 sq ft office close to Slough train station for conversion to residential.

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Mapletree has signed four new tenants and secured more space for three long-term tenants at 1.6m sq ft campus.

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Owner occupiers have bought 1 and 5 Queen’s Square at Ascot Business Park.

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Work has begun on the construction phase of the latest major development at Green Park.

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Green Park owner Mapletree is considering options for three new developments totalling more than 800,000 sq ft.

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Construction has begun on the next development phase at Mapletree Investment’s Green Park, Reading as the UK’s leading business park celebrates its 20th birthday year.

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Development will increase offices at campus to 1.6m sq ft

Singapore’s Mapletree Investments has begun the speculative development of 234,000 sq ft of offices in two buildings at its Green Park business campus in Reading, CoStar News can reveal.

The next development phase begins as Mapletree marks the 20th year since Green Park completed.

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In-town Office of the Year – sponsored by Campbell Gordon

Winner: Keith Wise — The Future Works

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Outstanding Contribution – sponsored by McKay Securities

Winner: Keith Wise — Campbell Gordon

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Developers are exploring other opportunities.  “Several developers are looking at how to respond to occupier demand, says Duncan Campbell, director at Reading agent Campbell Gordon.

“Rents are approaching £40/sq ft and the fundamentals are in place to make office schemes very appealing.”

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The offices were bought from M&G two years ago.

Clients of Berkley Estates have signed Thames Water Utilities for the remaining 28,000 sq ft of offices in Reading Bridge House.

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Virgin Media has completed its letting of an 120,000 sq ft headquarters building at Singaporean group Mapletree Investments’ Green Park campus on the outskirts of Reading in a deal that sees existing tenant IQVIA move out to around 55,000 sq ft at M&G’s 3 Forbury Place in Reading city centre.

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A new letting at the E-Centre in Bracknell has brought the total space taken there over the last year to around 13,000 sq ft.

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Work will start in the new year on 228,000 sq ft of speculative office space at Green Park.

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Virgin Medial has picked Mapletree’s Green Park Business Park in Reading, Berkshire, as its new UK HQ, taking 120,000 sq ft at 500 Brook Drive.

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Singapore’s Mapletree Investments is to press on with a major next phase of speculative office development at the Green Park scheme in Reading after securing Virgin Media for its 120,000 sq ft UK headquarters at the business campus, CoStar News can reveal.

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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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