_Mapletree Investments appoints Knight Frank as Property Manager of Green Park, Reading
Mapletree Investments appoints Knight Frank as Property Manager of Green Park, Reading
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Mapletree Investments, the Singapore-headquartered real estate development, investment and capital management company has appointed Knight Frank as property manager of Green Park in Reading, UK.
Green Park, one of the country’s premier business park developments is located in a key commercial hub in the Thames Valley, providing approximately 1.4 million square feet (sq ft) of Grade A lettable space, with further development potential of 1.1 million sq ft.
Set in a lush landscape with a variety of wildlife habitats, it is complete with supporting amenities such as conferencing and convenience retailing facilities, as well as food and beverage outlets. Housing a thriving business community, it is home to major global corporations across different sectors, including telecommunications, technology, pharmaceuticals and healthcare.
Rory Carson, Vice President of Asset Management at Mapletree, said: “We are pleased that this appointment in the UK allows us to strengthen our existing strong relationship with Knight Frank in the UK, Singapore and Australia. We look forward to working with Knight Frank at Green Park and leveraging their effective and efficient administration processes to drive better value for our occupiers and enhance the quality of service they receive.”
Michael Lewis, Partner and Head of Property Asset Management at Knight Frank, commented: “We are absolutely delighted to have been appointed on this high profile mandate, we very much look forward to continuing to work with Mapletree in handling this prestigious asset. Mandates of this size and profile are always a result of team effort. Our appointment demonstrates our strength in depth, and collaborative and entrepreneurial culture.”
Mapletree owns and manages over S$2.5 billion worth of assets in the UK, including the 79-hectare Green Park in Reading, Thames Valley and the Diageo Headquarters in West London in addition to assets in Aberdeen, Bristol and Manchester, as well as 26 student accommodation assets.
For further information, please contact:
Olwen Morris-Jones, Commercial PR Manager, Knight Frank +44 20 7861 1744
olwen.morris-jones@knightfrank.com
About Mapletree
Mapletree is a leading real estate development, investment and capital management company headquartered in Singapore. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistent and high returns across real estate asset classes.
Mapletree currently manages four Singapore-listed real estate investment trusts (REITs) and six private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, the United Kingdom (UK) and the United States (US).
As at 31 March 2017, Mapletree owns and manages S$39.5 billion of office, retail, logistics, industrial, residential, corporate housing / serviced apartment, and student accommodation properties.
The Group’s assets are located across 12 economies globally, namely Singapore, Australia, China, Germany, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.
For more information, please visit www.mapletree.com.sg.
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