Property & Construction

Thames Valley: GCS Recruitment signs for Reading Bridge House

Published by
TBM Team
VC3, a client of Berkley Estates, has signed GCS Recruitment for 4,461 sq ft of offices on the fifth floor at Reading Bridge House.

It has signed a 10-year lease at a rent of £27.50 per sq ft.

Moving from 2 Wesley Gate, GCS will join Capita, Ascot Lloyd and James Cowper in the newly refurbished building.

Tom Fletcher, head of Reading office, at Lambert Smith Hampton, said: “This is now the eighth leasing transaction since VC3 bought the building in 2017, which demonstrates how attractive a proposition Reading Bridge House is. The building has a strong position in Reading, offering the highest quality space in the sub £30 per sq ft market and this is reflected in the deals done.

"We predict this success to continue and mirror the strong performance of the town centre market, with take-up at the end of Q3 estimated to reach approximately 210,000 sq ft, against the long term annual average of 176,000 sq ft."

Steve Pope, group director, at Berkley Estates London, added: “We are delighted to welcome GCS Recruitment to Reading Bridge House. The flexible approach that we have taken with the building has allowed us to work with tenants of all sizes and it is ultimately why occupiers are looking at Reading Bridge House as a great option for their office requirements”

VC3, a client of Berkley Estates London, is represented by Lambert Smith Hampton, Campbell Gordon and Bray Fox Smith.

 

TBM Team

Recent Posts

Publisher Future plc sees in-line trading in first-half

Bath-based Future plc, the publisher of specialist online and print magazines, said trading in its…

3 hours ago

IS-Instruments Ltd and Bristol university among six UKAEA contract winners

The university of Bristol was one of six organisations to receive a contract from the…

3 hours ago

Oxford BioDynamics teams up with King's College in bid to boost rheumatoid arthritis prevention

Oxford BioDynamics Plc is teaming up with researchers at King's College London in a bid…

3 hours ago

UK needs quarter of a million extra construction workers by 2028

More than a quarter of a million extra construction workers are needed in the UK…

3 hours ago

Vistry makes good start to year, bolstered by partnership model

Kent-based housebuilder Vistry revealed it was on track to deliver more than 10% growth in…

3 hours ago

Dorset start-up with green ambitions boosted by SWIG Finance loan

A Dorset-based company, which has developed ground-breaking technology to recycle plastic waste and turn it…

3 hours ago