NEWS

The latest property stories coming out of the Thames Valley

11/06/2017

McKay's Theale Logistics Park plan wins approval

Permission has been granted for a new industrial development by McKay Securities in Theale. West Berkshire Council has approved the developer’s plans to demolish the 96,000 sq ft former Keuhne & Nagel chilled storage warehouse at Theale Logistics Park in Brunel Road and build either of two possible replacement buildings. One is a single 134,000 sq ft industrial unit and the other, a four-unit scheme totalling 117,000 sq ft. Alternatively McKay may refurbish the existing building. McKay bought
11/06/2017

Exclusive: Slough plans bid for city status

Councillors in Slough have upgraded the town’s ambitious regeneration plans with the ultimate aim of becoming a city by 2022. A restructuring of top posts at the authority is underway, designed to speed up a number of the town’s redevelopment schemes which are in the pipeline ahead of Crossrail’s arrival in 2019. The reorganisation includes the appointment of Joe Carter, formerly assistant director of assets, infrastructure and regeneration, to the newly-created post of director for
11/06/2017

Reading 'will outperform the entire UK'

A forecast by a leading economist has suggested Reading will be the UK’s ‘fastest growing city’ over the next five years. Peter Arnold, partner at EY, told delegates at last week’s Reading Economic Forum at the town hall that EY’s forecast for the UK predicted growth of 1.5 per cent next year and just under that, going forward. However Reading’s growth was predicted to be just under three per cent over the next five year period, even outperforming London. He told delegates: “That is pretty
11/06/2017

Gladman appeals over 245 homes at Emmer Green

Gladman Developments has launched its appeal against South Oxfordshire District Council’s (SODC) refusal to allow 245 homes on land on the edge of Emmer Green. The controversial plan was rejected by SODC’s planning committee in September but the developer has now applied to have the application determined by the planning inspector. The plan for homes on the 13.48-hectare site, which runs along the Oxfordshire side of the boundary between Reading and South Oxfordshire, was vehemently opposed by
11/03/2017

1,700 homes planned for South Oxfordshire village

Plans have emerged for a development of 1,700 homes along with employment, community and leisure space in South Oxfordshire. South Oxfordshire District Council (SODC) has submitted a scoping opinion request, drawn up by planners at Quod, to ask its own officers if an Environmental Impact Assessment is needed for the development at the village of Berinsfield. The village, which largely emerged in the 1960s and 1970s on a former World War ll airfield known as RAF Mount Farm, is entirely within
11/02/2017

Three new occupiers for Aquis House

A total of 12,598 sq ft of Grade A space has gone to three new occupiers at Reading’s Aquis House. AON Benfield, Intercarabao and Venn Group are the new occupiers of the 50,000 sq ft building in Blagrave Street. ‘Reinsurance’ broker AON Benfield has taken 4,797 sq ft while Intercarabao Ltd, operating as brand name, Carabao, a Thai energy drinks manufacturer best known in the UK for football sponsorship of both the League Cup and Reading FC, has taken 4,440 sq ft. It will move from offices at
11/02/2017

Royal Borough agrees 2,000-home golf club masterplan

Councillors have approved plans to seek a joint venture partner for the 2,000-home development at Maidenhead Golf Club. The Royal Borough’s full council meeting on Monday, October 20, agreed by 41 votes to six, to the masterplan for the 132-acre site along with a £20 million budget to buy any residential or commercial properties to allow access. The development, which allows for 30 per cent affordable homes, is close to Maidenhead station, where the 2019 arrival of the Elizabeth Line is
11/02/2017

Segro swaps Basingstoke business park for a warehouse

Segro has swapped its Kingsland Business Park in Basingstoke for a warehouse in the midlands. LGIM Real Assets (Legal & General) has acquired the fully let 390,000 sq ft warehouse in Crick in exchange for the multi-let industrial park, plus a balancing cash payment. Kingsland Business Park, 50 buildings totalling 676,300 sq ft, is two miles from Basingstoke town centre and three miles from the M3. It has an average lease length of around three years and a vacancy rate of less than five per

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Independent Property
NEWS & VIEWS

Reporting daily from the Thames Valley tvproperty.co.uk

News

McKay's Theale Logistics Park plan wins approval

Exclusive: Slough plans bid for city status

Reading 'will outperform the entire UK'

Gladman appeals over 245 homes at Emmer Green

1,700 homes planned for South Oxfordshire village

Three new occupiers for Aquis House

Royal Borough agrees 2,000-home golf club masterplan

Segro swaps Basingstoke business park for a warehouse