AEW has agreed two new lettings totalling 28,116 sq ft of grade A office space at Bath Road Central in Slough.
Indivior UK, a specialist pharmaceutical company listed on the London Stock Exchange, has agreed a 10-year lease for the ground floor of 234 Bath Road, which comprises 20,912 sq ft, in addition to 71 car parking spaces.
Oppo Mobile UK, a subsidiary of the global smartphone company OPPO, has taken a five-year lease for 7,204 sq ft and 24 car parking spaces on the first floor of 258 Bath Road to facilitate the Group’s expansion into the UK.
The business park was acquired by AEW at the start of 2016 and comprises 972,300 sq ft of office and lab space across 18 buildings. Since the acquisition a comprehensive asset management programme has been implemented, including the rebranding of the business park to Bath Road Central. The portfolio now offers a range of additional amenities and initiatives for tenants and their respective employees, such as food markets, football tournaments, a summer fete, boot camp training, with the latest addition being the Bath Road Central shuttle service providing a direct service to Slough station every 10-15 minutes.
Charlie Royle, director, AEW said: “These latest lettings are in line with our business plan for Bath Road Central and demonstrate the appeal of the Grade A office space that we are delivering for occupiers at this asset. We are very pleased to be welcoming Indivior and Oppo Mobile to Bath Road Central. Slough continues to be a sought-after location for UK and international businesses alike and, alongside our active asset management, these fundamentals are helping to support the success of the Bath Road Central investment on behalf of our clients.”
AEW was jointly advised by Hanover Green and Savills.