Six deals at Winnersh Triangle

Frasers Property UK has announced six office deals totalling 140,000 sq ft at Winnersh Triangle.

The transactions include engineering consultancy Jacobs UK which has taken a new lease on its 76,000 sq ft. Frasers will refurbish common parts of Jacobs’ building and 56,000 sq ft on the upper two floors.

Software giant Hewlett Packard Enterprise (HPE) has agreed to take 31,000 sq ft Building 210 where a major refurbishment is due to complete in September.

US healthcare company Hollister has taken 10,700 sq ft of refurbished space in Building 1010. In Building 250, FLB Accountants has doubled its current occupancy by taking 6,400 sq ft and IFIS Publishing has taken 2,500 sq ft in the 100 series of buildings.

And Pip Studios has taken 13,000 sq ft. The company will use the space for post-production media services, translating film and TV productions into multiple languages.

Frasers Property chief executive Ilaria del Beato said: “We are delighted to announce these latest transactions at Winnersh Triangle despite the uncertainty caused by Covid-19. It is an encouraging sign for the UK office market to see businesses continuing as usual and looking towards the future during this difficult period.

“We are attracting the biggest companies to our business parks by providing high quality workspaces and amenities for innovative businesses to grow and attract the best available talent.

“These latest arrivals will further add to our vibrant occupier mix. We are committed to investing in business communities such as those at Winnersh Triangle and these latest upgrades and enhancements have been made as part of a £6 million masterplan, which will help to create an environment where people and enterprise can flourish.

“We are improving landscaping, amenity provision and new buildings, including a sports hub with fitness studio and multi-purpose outdoor court. A network of footpaths will be installed, enhancing the pedestrian experience, giving people on Winnersh Triangle the opportunities to further enjoy where they work.

“We are also working closely with our onsite management partners to ensure Winnersh Triangle and our portfolio of business parks are adapting to the ever-changing safety requirements brought on by the Covid-19 pandemic to allow staff to return safely to work.”

Frasers Property UK was advised by BNPP, Vail Williams and JLL, while Cushman & Wakefield acted for Jacobs; CBRE for HPE; and Colliers for Hollister.