Back
News

Thames Tower secures further lettings

Three occupiers have agreed to let space in Landid and Brockton’s Thames Tower in Reading.

Professional services firm BDO, which operates in 154 countries, across 1,400 offices, has taken the entire 12th floor in the 15-storey tower, totalling 14,040, sq ft, on a 10-year lease.

The firm will move over 100 staff from its Reading office at Kings Wharf in Kings Road, following the launch of the 195,000 sq ft Thames Tower in May.

HSBC is letting 9,500 sq ft on the seventh floor on a 15-year lease. HSBC will relocate its Thames Valley Corporate Banking division from its current office at Apex Plaza on Forbury Road, Reading, into Thames Tower.

Pret a Manger is taking one A3 retail unit on the ground floor of the building, directly opposite the newly rebuilt £800m Reading station. The 2,500 sq ft store, the third Pret in Reading, is set to open in June.

The three lettings follow Austin Fraser agreeing a deal in January to take 14,040 sq ft on the 11th floor of the building on a 10-year lease.

 

James Silver, development director at Landid, said: “These deals show that the building is a major draw for local, national and international businesses alike. It’s really exciting to see the beginning of what will be a vibrant and innovative business community in the building – it is a workspace like no other in Reading and we look forward to the occupiers moving in and bringing the building to life.”

Simon Brooker, managing partner of BDO, Reading, said: “Thames Tower is a stylish modern building right in the heart of Reading and will be a perfect new home for our business. The building is just a stone’s throw from the station, so has great connectivity, and offers great access to the town’s restaurants and shops – not to mention the rooftop terrace which will be a fantastic amenity for occupiers. We think having a great workspace is hugely important when it comes to attracting and retaining talent and Thames Tower fits the bill.”

To send feedback, e-mail Shekha.Vyas@egi.co.uk or tweet @shekhaV or @estatesgazette

Up next…