NEWS

The latest property stories coming out of the Thames Valley

04/16/2018

View from the riverbank: Energy inefficient

Rarely does a story come our way with quite so many ironies as in the case of Beaufort Park. A stunning building, oozing quality and energy efficiency has spent all its nine years lying empty. It seems to offer everything an office building should offer in this day and age. Yet, such is the pressure to build homes, it may be levelled for just 68 houses without a single occupier ever taking advantage of its impressing specification or renewable energy credentials. Councillors have been
04/16/2018

Verto goes on show

The first glimpse inside apartments at Reading’s tallest residential building was given to journalists last week. Developer CNM Estates, with the help of agents Haslams and Savills, launched Verto, an 18-storey building of 103 flats on the site of the former King’s Point building in King’s Road. The hi-spec apartments, starting at £262,250, will have a lavish lobby area and concierge service. Bathrooms will have underfloor heating and one feature, rarely seen in Reading, is that of roof
04/16/2018

Future PropTech teams up with UKPF

UK Property Forums and Future PropTech will support one another at events in London and Theale in the next few months. The first is the Future PropTech event at the Business Centre in London on May 2 where UK Property Forums is supporting and promoting the event. Then the arrangement is reciprocated when they join us for the first Thames Valley PropTech event which will be hosted at Arlington Business Park on June 2 as one of our monthly First Tuesday Club meetings. That event will be held in
04/16/2018

New plans for Sandleford Park, Newbury

Two new planning applications for a total 1,500 homes have been submitted for Sandleford Park at Newbury. The latest development in the long-running saga of the site has seen a new application from Bloor Homes for up to 1,000 properties; an 80-bed extra care home, a two-form entry primary school; expansion land for Park House School; a local centre with flexible commercial space; new access onto Monks Lane; open space including a new country park plus drainage and walking and cycling
04/16/2018

Megabuyte and Cloud Factory sign deals at The Blade

New deals announced at The Blade in Reading have taken occupancy to 90 per cent. Landlord of the 110,000 sq ft building, Northwood Investors, has signed a deal with Megabuyte which has expanded into a larger suite of 4,500 sq ft on the first floor on a 10 year lease. And Cloud Factory has taken 2,500 sq ft on the seventh floor for a term of three years. The deals come on top of the recent letting to Pure Offices which took a 15-year lease on 17,000 sq ft on the third and fourth floors, and the
04/16/2018

Three promotions at Systra

Three promotions have been announced at the Thames Valley office of transport planners and engineers, Systra. Richard Stacey has taken up the role of sector director for the newly-created, UK and Ireland-wide, combined development and infrastructure sector, while David Fletcher has been promoted to associate and Jonathan Williams, to consultant. Mr Fletcher has approximately 10 years consultancy experience and has helped achieve planning permission for wide ranging developments across the
04/16/2018

Work imminent on Thames Quarter after developer sinks The Arc

Work could start as soon as this Spring on the Thames Quarter development in Reading. Developer Lochailort won permission from Reading Borough Council last September for 315 flats on the site of the former Cooper BMW showroom after a delay caused by a wrangle over the number of affordable homes. Lochailort will now provide 56 at a site on the corner of North Street and Weldale Street. But earlier this year Lochailort floated the idea of The Arc, a radical office development, as an alternative.
04/13/2018

Bid to stop demolition of Beaufort Park

Councillors in Bracknell have been asked to approve demolition of an energy-efficient office building that has never been occupied – just as a potential tenant wants to move into it. JPP Land and Hodge Developments want to bulldoze £18 million Beaufort Park at Crowthorne, a high-spec 50,000 sq ft office scheme built on the site of the former Met Office, to make way for a mix of 68 homes. Now the proposed occupier, a key industry body in the property sector, BSRIA (Building Services Research

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Independent Property
NEWS & VIEWS

Reporting daily from the Thames Valley tvproperty.co.uk

News

View from the riverbank: Energy inefficient

Verto goes on show

Future PropTech teams up with UKPF

New plans for Sandleford Park, Newbury

Megabuyte and Cloud Factory sign deals at The Blade

Three promotions at Systra

Work imminent on Thames Quarter after developer sinks The Arc

Bid to stop demolition of Beaufort Park