Schroders wins race for Reading office block

Fri 12 August 2011, 3:05 pm

Asset management firm Schroders has won a bidding war for a prime office in Reading.

Davidson House in Forbury Square was for sale at £38 million but, following a number of bids, was eventually sold for £42.5 million.

The sale is another sign that Reading’s office market is on the up following two reports which showed an upturn.

Sourced from Reading Post

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