Virgin Media moves into new Green Park Headquarters
Global telecoms giant, Virgin Media has moved its UK Head Office to Green Park in Reading, taking all 120,000 sqft at 500 Brook Drive. Holding up to 1,500 staff, the new headquarters contains extended breakout areas, meeting rooms, a staff restaurant and coffee shop.
High sustainability standards, with smart energy-efficient lighting and electric vehicle charging stations have been included throughout the office, with all of the building’s electricity coming from 100% renewable sources
The new office is part of a wider multi-million-pound property investment programme to provide thousands of Virgin Media staff with better quality working environments.
“We’ve invested millions of pounds in our new HQ to create a state-of-the-art office and bring more than a thousand jobs to Reading. This comes on top of our recent investment to bring the fastest gigabit broadband speeds to residents across Reading, something we’ll deliver across our entire network by the end of 2021.This new site provides our people with a next-generation work environment to inspire creativity and help Virgin Media to keep growing and give our customers cutting-edge products and services.”
Bill Castell, acting Chief Financial Officer at Virgin Media
In addition to this, Singapore’s Mapletree Investments are pressing on with the next phase of speculative office development at its Reading site, which will total 228,000 sqft.
Due to finish in August 2020, each building will provide 114,000 sqft net of Grade A offices on ground and four upper floors. Green Park’s new Railway Station, which is due for completion in Autumn 2020, will provide a direct link to Reading’s mainline station and other Crossrail services.
“These are very exciting times for Green Park, which will enter its next phase of growth to meet the demand of tenants. These stunning new offices will attract the most dynamic talents and businesses, which want to work in a great environment. Our investment to start 400 and 500 Longwater Avenue shows our commitment both to the park and Reading as the epicentre of the Thames Valley.”
Rory Carson, Vice-President of Asset Management UK, for Mapletree at Green Park
“Virgin Media’s move to Reading, which will bring a range of new jobs into the region, highlights the growing nature of our profound technology cluster – fantastic news of Reading and the wider Thames Valley.”
Paul Britton, Chief Executive, Thames Valley Chamber of Commerce
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