Reading’s Broad Street Mall is under offer to AEW.
Current owner Morgarth has permission for 422 flats in blocks over the building along with prior approval for 68 more at Fountain House.
Neither side would comment on the proposed deal.
React News has reported that a deal has been done but Thames Tap understands it is not yet complete as due diligence is still ongoing. Completion could take several more weeks.
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