Reading Bridge House bought out of recievership
Wed 20 February 2013, 5:48 pm
Wrenbridge has bought the 115,000 sq feet Reading Bridge House out of receivership for £10 million, it has emerged.
The building, which houses Royal London Mutual Insurance Society, Frogmorton UK, and Thames Water, had been bought by LaSalle Investment Management's UK ventures fund for around £30 million in 2009, property website CoStar reported.
It said the building, which is next to Reading Station, was in the recievership of Nationwide Bank.