Kennedy Wilson has secured Japan’s Kyocera for a further 10 years at Eldon Court, London Road, Reading, CoStar News can reveal.

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Duncan Campbell, director of property advisers Campbell Gordon, has appeared on a BBC video offering perspectives on furloughing during the COVID-19 crisis.

And Mr Campbell has given Thames Tap an exclusive view of the effects the crisis is having on transactions.

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Duncan Campbell said “The dilemma for me with regard to furloughing is that whilst we have definitely seen a reduction in workload and fee income, it is not black and white.  There is still work to be done by the team and what I would like to see is some more flexibility, in particular the ability to retain staff on a part-time basis so for the government to top up the payments as far as they can during the period that they are not working for the business and for us to pay them for the number of days that they do work for the business.”

https://www.bbc.co.uk/news/business-52169825

Topping out has taken place at the new 240,000 sq ft office development at Green Park, ahead of an expected Autumn completion.

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The Rt Hon Alok Sharma MP together with pupils from Whitley Park Primary School have attended a topping out ceremony at Mapletree’s Green Park on Friday 28 February, 2020 for its latest phase of development at 400 and 450 Longwater Avenue totalling 233,988 sq ft of Grade A office space.

To mark the occasion, the MP for Reading West helped the local primary school children plant a sapling tree and joined them on a guided tour of the development.

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16th Century Yateley Hall attracts ‘significant interest’.  A stunning 16th Century former home has gone on the market with Campbell Gordon.

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Reading’s Bristol & West Arcade, has gone on the market with new development possibilities.

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Around 80 Thames Valley property professionals heard of the stark changes in the industry over several decades, when UK Property Forums held its Figgy Pudding Christmas lunch.

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Planning consultancy Lichfields has moved its Thames Valley office to Reading’s Apex Plaza.

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There are two areas where, as an office occupier taking on a new lease, you can ‘win’ or ‘lose’ – the immediate commercial terms, and the commercial terms that bite or benefit in the future, writes Hannah Rodgers, leasing and acquisition graduate surveyor at Campbell Gordon

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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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