Tungsten Properties has acquired Observer Park, a strategically located seven-acre site in Arborfield near Reading, as it accelerates its development pipeline in the high-demand South East logistics corridor. With outline consent already secured, the developer will deliver approximately 7,339 m² of prime industrial space across seven units ranging from 558 m² to 1,625 m², capitalising on the undersupply of high-spec smaller units in the region.
Positioned off the recently completed Observer Way and within close proximity to Shinfield Studios, the site offers excellent access to Junction 11 of the M4 and Junction 4 of the M3, ensuring quick reach to the broader UK logistics and business network. This connectivity, combined with its adjacency to a rising creative and innovation hub, adds investor appeal beyond just square metres, making the site well-placed for hybrid-use tenants in tech, film and light industrial sectors.
The development will meet BREEAM Excellent standards and integrate sustainability features such as photovoltaic panels on every unit and electric vehicle charging points, aligning with the ESG mandates of most modern occupiers. A Reserved Matters Application is expected imminently, with construction set to commence by the end of 2025, subject to planning. The scheme is expected to create approximately 100 construction jobs and 79 long-term operational roles.
“Observer Park is a well-positioned site close to Junction 11 of the M4, which we will develop to our usual high standard to include sustainability initiatives so that future companies can occupy these spaces as efficiently as possible. There is a lack of high-quality small units coming forward in the south-east, particularly under 1,400 m², so this scheme will answer the much-needed demand so that businesses can expand and grow. We look forward to submitting the Reserved Matters Application in the coming days.” said Luke Davenport, associate development director at Tungsten Properties.
For forward-thinking developers and investors, the site's position near the UK's booming film production sector and the rise of mixed-use innovation parks offers additional long-term potential, particularly as demand continues to grow for flexible workspaces that blend logistics, studio, and light manufacturing functions.
T5REA acted on behalf of Tungsten Properties, while Bidwells and Haslams represented the vendor.
People mentioned:
Luke Davenport – associate development director, Tungsten Properties
Tungsten Properties – developer and acquirer of Observer Park
T5REA – represented the buyer
Bidwells – represented the vendor
Haslams – represented the vendor
Image source: Detailed rendering of Units 4-5 and Unit 7, supplied by Tungsten Properties
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