Vengrove Divests in Newbury
Vengrove has completed the sale of the last of their holdings at Newbury Business Park. Astor and Benyon House were sold to Telereal Trillium for £5.35m. The tenants included Huawei, Digitas LBI and Viavi Solutions.
The sale follows the disposal of 3 & 4 The Sector & Emerald House earlier in 2018. 3 & 4 The Sector was sold to West Berkshire Council for £17.8m after Vengrove had comprehensively refurbished and repositioned both buildings and secured pre-lets to Cirrus Logic and Edwards Lifesciences. Emerald House was acquired by Lipman Properties following the departure of Vodafone from the building.