M&G Real Estate secures 19,000 sq ft letting at Wavendon Business Park

M&G Real Estate has secured a 18,866 sq ft letting at the Enigma building at Wavendon Business Park in Milton Keynes to Unisys, the global information technology company. The letting at the newly refurbished and rebranded office building was agreed on a ten-year lease.

Unisys offerings include security software and services; digital transformation and workplace services; industry applications and services and innovative software operating environments for high-intensity enterprise computing. The company is relocating its UK and European headquarters from central Milton Keynes to the building on the Wavendon Business Park.

The park comprises 150,000 sq ft of office space across four modern detached buildings. It is centred around Wavendon Tower, a large former country house, which was used by the intelligence services during the Second World War, most famously for the broadcast of ‘black’ propaganda into occupied Europe.

The Park celebrates its wartime history with the buildings named after Alan Turing’s Bombe code-breaking machines based at Bletchley Park. The Bombes were designed to speed up the breaking of Enigma Keys.

Will Badger, Asset Manager, Offices at M&G Real Estate, said: “We have helped re-position the park by providing the kind of high quality office accommodation and amenities expected by modern businesses. We are seeing a clear and continued fight to quality by corporate occupiers and are pleased to welcome Unisys to our strong tenant line up at the park.

Wellbeing is at the heart of the business park, with its green working environment and new amenities including a café and various sports and exercise areas dotted around the grounds.”

Unisys joins an impressive occupier line-up that includes global security services provider Securitas, US aerospace giant Boeing and IT group DXC. Following the Unisys deal, just 20,000 sq. ft remains available at the Enigma building.

Julie Taylor, Real Estate Lead, Integrated Facilities Management EMEA, Unisys, said: “We are really looking forward to taking occupation at the Engima building after 30 years at our prior site in Milton Keynes. The move is in line with our global strategy to locate our offices where we can have the most modern working environments so our associates can enjoy their space and be productive.”

M&G Real Estate was advised by Bray Fox Smith and LSH and Unisys was represented by JLL. M&G Real Estate’s development manager is Oxygen.