Jansons Property buys Kingsmead Business Park, High Wycombe
Jansons Property, the South East property developer, has bought two large Thames Valley office campuses with plans for redevelopment as £100 million of industrial.
The business parks will be redeveloped to create 300,000 square feet of industrial.
They are Kingsmead Business Park, High Wycombe, a 7.5 acre site comprising 142,610 square feet of offices and The Boulevard, Bracknell, an 8.1 acre site comprising 86,398 square feet of offices.
Andy Jansons, managing director of Jansons Property, said in a statement: "These acquisitions perfectly align with our strategy to transform underperforming office sites into thriving industrial spaces. As businesses in the South East seek to expand, we are continuing to see strong demand for prime industrial stock and are proud to be at the forefront of meeting this demand, with the associated social and economic benefits.”
Jansons Property said it is actively seeking new opportunities which support its business strategy to acquire and re-develop under-performing office sites for industrial and logistics use.
Source: CoStar, August 2024
