Publication

Spotlight: Reading – October 2016

Research Article

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Our examination of the office and residential markets in Reading has shown that the town continues to perform extremely well

■ Reading is the leading office market in the South East outside central London and has accounted for more office take-up than any other centre in the region since 1991.

■ As the county town, served by excellent infrastructure and a leading university, it continues to attract a diverse and global occupier base, which is attracted by the availability of skilled staff and high quality office developments.

■ With central London property costs continuing to rise, Reading offers a significant discount for comparable quality offices. Reading has and will continue to be a highly compelling proposition for London occupiers seeking a viable alternative.

■ The Reading housing market has outperformed the national average. The average house price in Reading has risen by over 50% from 2011 to 2016. Reading offers value in comparison to neighbouring markets and with employment growth expected in the town, there will be strong demand going forward from house purchasers and investors.

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