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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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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