Aldermore Banks On The Apex Plaza In Reading

September 2, 2013

M&G Real Estate, the real estate investment management arm of M&G Investments, confirms it has leased an additional 2,433 sq ft of office space to existing occupier Aldermore Bank, as it extends its office within the Apex Plaza in Reading.

Aldermore Bank, which provides specialist financial solutions to savers and small to medium sized enterprises, originally signed a ten-year lease in 2010 for 8,039 sq ft. This additional 2,433 st ft is co-terminus with the existing lease, therefore expiring in 2020 at a rent of £29.50 per sq ft.

Commenting Aaron Pope, Associate Director, Asset Management at M&G Real Estate, says: “We are pleased that Aldermore Bank is expanding within the Apex Plaza which is now almost fully let. The development underwent an extensive refurbishment in 2010 and is now home to well-known financial brands such as Ernst & Young, HSBC and Osborne Clarke. We continue to see strong tenant demand due to its town centre location and its close proximity to London. Only 7,000 sq ft remains available at Apex Plaza.”

CBRE and Campbell Gordon represented M&G Real Estate.

 

-ENDS –

Latest News

HANOVER GREEN RETAIL APPOINTS CHRIS BRAITHWAITE AS NON-EXEC DIRECTOR

June 21, 2022 - 09:11

Hanover Green Retail has appointed Chris Braithwaite, a former Senior Director at Apple as a Non-Executive Director. While at Apple, Braithwaite was responsible for leading their Global Retail Real E[...]

+ Read More

Harrods celebrates the highly anticipated launch of H beauty Gateshead

June 20, 2022 - 08:39

Harrods is proud to celebrate the opening of H beauty Gateshead, the brand’s fifth standalone beauty store in the UK, located in the Metrocentre. Offering an unparalleled beauty utopia, the 30,203 s[...]

+ Read More

PICKWICK COFFEE LEASES PROMINENT LIVERPOOL STREET UNIT

June 15, 2022 - 08:03

Park Square Ltd, advised by BELCOR, has let 560 sq ft at 76-80 Old Broad Street, opposite Liverpool Street Station, in the City of London to fast growing artisanal coffee chain Pickwick Coffee Club. P[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR