Green Park nominated for awards
by Marco Cillario Thu 7 April 2016, 12:48 pm
Green Park in Reading has been shortlisted for ‘Business Park of the Year’ and ‘Property Deal of the Year’ at the 2016 Thames Valley Property Awards.
The 79-ha facility won business park of the year at the previous awards and also became the first ever business park in the country to achieve the Wildlife Trust’s Biodiversity Benchmark award, for its efforts to protect biodiversity and enhance wildlife.
The ‘Property Deal of the Year’ nomination follows two of the largest lettings in the Thames Valley in the past 12 months – electronic systems company Thales and pharmaceutical company Bayer, both moving their UK headquarters to Green Park. The former relocated to 33,852sq m of space in a building on 350 Longwater Avenue, the latter took 24,384sq m in 400 South Oak Way.
The deals meant occupancy at the business park now exceeds 92%, up from 47% in 2012.
More than 50 companies – including PepsiCo, Symantec and HSBC – currently have offices in the park, which extends to over 395,000sq m of accommodation, with consent for a further 259,000sq m, and is owned and managed by real estate firm Oxford Properties Group.
Rory Carson, director and asset manager at Green Park, said: “We have had a terrific start to 2016, with high profile new occupiers, growing existing occupiers and recognition for our efforts to create terrific habitats for wildlife and those working at Green Park.
“We are delighted that these efforts have been recognised by the Thames Valley Property Awards.”
The winners of the awards will be announced on 12 May at a gala dinner at the Ascot Race Course.