DTZ and Cushman & Wakefield have been appointed as letting agents on the trophy £400m Green Park business park in Reading.
Oxford Properties, which acquired the 190-acre park in November, launched a mandate to find new agents as well as asking incumbents Knight Frank and Campbell Gordon to repitch.
Campbell Gordon has been successful but Knight Frank has lost its place. CBRE is also understood to have bid but was unsuccessful.
Canadian property company Oxford bought the park – which has 2.3m sq ft of offices – from PRUPIM, beating bidders including Orion, Moorfield, Delancey, Goodman, MSREF and Blackstone.
US IT firm Cisco is one of the main tenants in the park; others include Thames Water and Symantec.
Oxford Properties executive vice president for Europe, Paul Brundage, said: “The success of Green Park is key to our strategy of acquiring large-scale, high-quality assets and actively managing them to create long-term value.”
Chris Carter Keall, vice president and head of the Green Park team at Oxford Properties, added: “We have already secured six new lettings since the purchase, welcoming Chubb Insurance, the Raglan Housing Association, Sepura, Salcon Green Energy, engineering consultancy Defence Support Solutions and Jardine Lloyd Thompson to new accommodation.
“The appointment of this new team of consultants will enable us to build upon this early success.”
jack.sidders@estatesgazette.com
