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News Article

bdt acting on behalf of Hermes Investment Management are able to announce further lettings at The Loddon Centre industrial estate in Basingstoke, to utilities company TLI Group.  The announcement follows Hermes refurbishment of the estate and the majority of the vacant units earlier this year.

The latest of three deals this year, TLI has signed up on a new 5 year lease for unit F at a headline rent of £7.25 per sq ft per annum.  The two other units were let to Anglian Windows (11,500 sq.ft.) and Habitech Limited (18,500 sq.ft.)  earlier this year.

Unit F comprises 11,462 sq.ft., to include 3,021 sq.ft. of office and ancillary space.  It is TLI’s first premises in England and will be used as its UK headquarters – the Group currently has their main office based in County Kerry, Ireland.

bdt’s client, Stephen Ellis, at Hermes commented,” Following our extensive refurbishment of the Estate we are pleased that TLI has chosen to operate its UK headquarters from The Loddon Centre.  We continue to take an occupier – led approach in our asset management and seek to provide complimentary tenant mixes that ultimately lead to successful trading”.

 

– ENDS –

F TLC

Contact for further details:

Richard Thomas

bdt incorporating Woodford & Co

E-mail:  richard.thomas@bdt.uk.com

Telephone:  01256 840777

27th November 2015

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