• Swindon & Wiltshire Property
• Thursday May 22 2025

Reading logistics site sold – bringing construction a step closer

The site of Reading International Logistics Park has been sold by Thames Valley Advanced Research Cluster to Graftongate and JP Morgan Asset Management.

The 8.5-acre site, which is close to J11 of the M4, has detailed planning consent for 161,000 sq ft last-mile urban logistics development of four units, ranging from 25,262 sq ft to 67,704 sq ft.

Other occupiers in the immediate area include a Tesco distribution centre, DPD, DHL, Yodel, Argos and 3663.

The sale will allow ARC, which was advised by Haslams Surveyors, to continue focusing its portfolio on the growing life sciences and technology sectors.

Neil Seager of Haslams said: ”This sale highlights the continued attraction of the Thames Valley urban logistics market to investors looking to take advantage of the region’s excellent transport links and unsatisfied occupier demand.

“This scheme will provide much needed quality supply in a premium location.”

Graftongate and JP Morgan were represented by DTRE.

Pictured: A GCI of Reading International Logistics Park

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