NEWS

The latest property stories coming out of the Thames Valley

11/07/2017

Oxford PV and Vicon take up 50,000 sq ft

Two major lettings totalling almost 50,000 sq ft have been completed at Oxford Industrial Park in Yarnton. VSL & Partners, acting on behalf of Cornerstone Property Advisors, has secured the letting of Unit 7 & 8 (25,937 sq ft) to solar technology firm, Oxford Photovoltaics (Oxford PV). The letting is on a 10-year lease at a rent of £12 per sq ft. Oxford PV, an Oxford University spin out, is close to commercialising a new technology which will enable cell manufacturers in the solar power
11/06/2017

View from the riverbank: Will Stanhope depart Station Hill?

Despite a raging investment market for any real estate west of Hammersmith on the Elizabeth Line, the Thames Valley is experiencing a crisis of confidence over one its most prominent sites; Station Hill, Reading. Incredibly, given its location opposite Reading Station, the site continues to look for a team with the vision and the ‘cojones' to build a scheme which reflects its premiere location in the south east real estate market. The original developer was Sackville Properties, then
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

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Independent Property
NEWS & VIEWS

Reporting daily from the Thames Valley tvproperty.co.uk

News

Oxford PV and Vicon take up 50,000 sq ft

View from the riverbank: Will Stanhope depart Station Hill?

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