A global business software company is poised for continued growth as it becomes the latest name to relocate to Winnersh Triangle since the business park’s relaunch this year.
Award-winning Invenio Business Solutions has chosen to expand to Winnersh Triangle from its former serviced premises in east Reading.
It will take up 2,611 square feet of office space on the first floor of 125 Wharfedale Road over an agreed 10-year lease, which comes with a five-year break clause.
The space and tenancy arrangement will give the company room to grow, as well as the benefit of Winnersh Triangle’s premier location, facilities and transport connections.
The arrival is the latest in a series of major new tenants since real estate investor PATRIZIA UK acquired Winnersh Triangle’s 1.3 million square feet of mixed-use accommodation in July 2013.
Will Lawrie, PATRIZIA asset manager, said: “Invenio is moving into one of the 100 series units at the front of Winnersh Triangle which make excellent premises for companies ready to make their move out of serviced offices.
“It’s great to welcome a new brand to Winnersh Triangle and we wish Invenio a successful future on the park. We are attracting both established and growing companies keen to seize the commercial advantage that our connections and facilities provide.”
Invenio’s managing director Partho Bhattacharya said: “Winnersh Triangle is a new and modern business park with all the facilities that a growing IT consulting organisation needs. We plan to expand in our new premises, and this office space augurs well with our recruitment plans.
“We’re pleased to be joining a number of other well established names at Winnersh Triangle and look forward to being part of such a vibrant business community.”
There are now more than 60 diverse companies with 3,000 employees on site. Big names include Jacobs (UK) Ltd, Virgin Media, BMC Software, Microchip, Grant Thornton, Lloyds Bank, WH Smith and Bang & Olufsen (UK) Ltd.
The deal between Invenio and Winnersh Triangle was brokered through commercial property consultancy Vail Williams.
Vail Williams associate Charlie Nicholson added: “We’re delighted to see Invenio take offices at Winnersh Triangle. Our close and in-depth knowledge of the local market ensures we can provide the best property advice and solutions for our clients.”
Amenities at Winnersh Triangle include a four-star hotel with conference facilities, a fitness centre, pool and spa, bistro, bar and restaurant. There is an additional 12 acres of development potential within the estate with further announcements to come.
The business park has its own train station providing frequent rail services direct to central London and Reading. Junction 10 of the M4 is less than five minutes away and Heathrow is only 30 minutes’ drive away.