RREEF buys ?140m Reading International Business Park | Online ...
RREEF Real Estate has bought Reading International Business Park on behalf of a leading Asian pension fund for ?140.15m.
Reading International Business Park was developed in 2001 and has been sold as a freehold. The business park serves as the European headquarters of US telecommunications company Verizon Communications, and is fully let in two separate leases with an average length of 10 years.
The property is located on Junction 11 of the M4, close to Reading town centre.
James Petit, head of RREEF Real Estate, UK, said: ?RREEF Real Estate?s extensive cross border experience and in-depth knowledge of the UK office sector has enabled us to continue to help our clients from Asia expand their UK portfolios. Our core clients around the world have a strong appetite for well-located assets across London and the South East and we continue to seek attractive investments for them?.
the hangover 2 sumo sumo fossil snoop dogg extreme couponing citizens bank