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.

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