Thursday 1 December 2011

Green Park Goes to Oxford


Reading’s premier out of town commercial business park has been the subject of a recent acquisition.  PRUPIM has sold the 190 acre park to Oxford Properties Group, the real estate arm of the OMERS Worldwide Group of Companies.

Green Park offers 1.3 million sq ft of Grade A office space and first class amenities to occupiers, which currently includes Cisco Systems, Symantec and Quintiles.  Green Park was so named to reflect its programme to address sustainability and associated “green” issues, which includes the reduction of waste and emissions, the promotion of biodiversity, recycling and a green travel plan.

Green Park occupies a prime location on the M4 and is one of the largest developments of its type in Europe.  Adjacent to Green Park, regular travellers on the M4 can not fail to have noticed Ecotricity’s impressive, and often static, wind turbine at Junction 11 and wondered at its purpose.

DTZ acted for Oxford Properties on the purchase. CBRE acted for PRUPIM.

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