PRUPIM secures Aldermore Bank for its financial hub Apex Plaza in Reading

June 14, 2010

Leading real estate investment manager PRUPIM has signed Aldermore Bank to open an office at Apex Plaza, Reading.

Aldermore Bank has taken an 8,039 sq ft office on the fourth floor in Block D at a rent of £27.50 per sq ft for a 10 year lease. Apex Plaza, which houses well-known names in the financial sector, such as Barclays, Ernst & Young, HSBC, and Osborne Clarke, has also recently completed a multi-million pound refurbishment.

Aaron Pope, PRUPIM’s asset manager said: “This is a great boost for the Reading town centre which adds another high calibre occupier to our growing financial hub – Apex Plaza. The office development boasts top names in the business world, a prime location and great connections to central London.”

Aldermore Bank is the first British bank to be wholly owned by a private equity firm AnaCap Financial Partners and provides specialist financial solutions to savers and small to medium sized enterprises (SMEs) throughout the UK.

Campbell Gordon and Maple Burton represented PRUPIM. Aldermore Bank was represented by Richard Ford Esq.

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