Arlington Business Park, Theale

Private Equity Fund

Location & Size
c. 365K sq ft of office accommodation across 11 office buildings in Reading

Retained as asset manager and corporate service provider

  • Acquired in 2015 for £69M (part sub-sold at acquisition)
  • £30M CapEX programme which includes seven whole building refurbishments
  • Created tenant amenity hub including café facility, gymnasium, park shop, meeting room facilities and Floating Pavilion
  • Initiated tenant engagement and events programme to engender community spirit on park
  • Headline rental levels increased by c. 25%
  • Implemented Park wide landlord investments including new landscaping, signage, lighting and smart building technology
  • The Park recently won the ‘2020 The Morgan Lovell Workplace of the Future award’ as well as the ‘2020 Business Park Innovation award’
  • Building 1320 won ‘Best refurbishment outside of London’ in 2019 OAS Development Awards
  • Sold in 2020 for £129.25M and retained as asset manager and corporate service provider
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