SEGRO agrees 10 year lease with BMC Software at IQ Winnersh near Reading (UK)

SEGRO announced that it has agreed a 36,425 ft² (approx,3,384 m²) 10 year lease with BMC Software, an IT management services group, for its new UK head office, at IQ Winnersh.

IQ Winnersh is SEGRO's business park, located in the Thames Valley, near to Reading. BMC will be occupying E2, a two storey office building, which SEGRO stripped back to its core in 2012 and refurbished on a speculative basis. The refurbishment of the 49,000 ft² (approx. 4,550 m²) office building was completed in February this year and some two months later, almost 75% of the building is now let.

E2 has a number of highly sustainable features. Prior to being refurbished, the building had an EPC rating of 'F' but it has now achieved an EPC rating of 'B'. By retaining the existing concrete frame and introducing a number of sustainable features such as high efficiency lighting, improved fabric insulation in the walls and the roof, rainwater harvesting and providing charging points for electric cars, amongst others, the building has been awarded a BREEAM 'Excellent' rating. The building is estimated to be 56% more energy efficient than the original specification, and the CO2 output of the building will be reduced by around 115 tons per year.

Kate Dean, Customer Development Director for SEGRO, said: "We took the decision to refurbish E2 on a speculative basis last year. This letting to BMC, so soon after the refurbishment has been completed, demonstrates that there is demand for high quality office developments within the Thames Valley and we are delighted to be welcoming BMC Software to IQ Winnersh."

IQ Winnersh is situated in a prime location in the Thames Valley, close to Junction 10 of the M4 motorway, offering state of the art buildings, good amenities, excellent transport links and a dedicated train station. Existing customers include Virgin, Atos, Jacobs Engineering, QlikTech, Microchip, Valspar, Pure Circle and Harris Engineering, all of whom have been attracted to the business park by SEGRO's ability to provide high quality solutions for their property requirements.

Source: Segro

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