Vengrove divests in Newbury

Vengrove has completed the sale of the last of their holdings on Newbury Business Park. Astor and Benyon House were sold to Telereal Trillium for £5.35m. 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 were sold to West Berkshire Council for £17.8m. The sale followed the comprehensive refurbishment and repositioning of both buildings and pre-lets of 3 The Sector to Cirrus Logic and Edwards Lifesciences.

Emerald House was acquired by Lipman Properties following the departure of Vodafone from the building in early 2018.