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News

Huawei choose Astor House whilst Nokia Siemens Networks and PassivSystems increase commitment to Newbury Business Park

15th September 2011

On behalf of Newbury Business Park LP, Moorfield Group (Moorfield) has announced a wave of three lettings.

Global information and communications technology solutions provider Huawei has signed a two year lease for 3,500 sq ft of office space on the ground floor at Astor House, Newbury Business Park following their requirement for a presence in Newbury. Huawei will join fellow telecom specialist Arieso who moved into the building earlier this year.

Additionally, existing tenants Nokia Siemens Networks and PassivSystems who have been based at Medway House for six years and two years respectively have also recently doubled their space following a comprehensive refurbishment of the building. Nokia Siemens Networks now occupy the entire ground floor at Medway House totalling 5,000 sq ft and PassivSystems now benefit from the whole first floor also encompassing 5,000 sq ft.

Paul Makin of Moorfield, commented “We are delighted that we could make Astor House meet Huawei’s business requirements and we are looking forward to welcoming them to Newbury Business Park where they will join a range of other high profile organisations. We continue to focus on forging long term relationships with both new and existing occupiers through our proactive and accommodating approach. I am also pleased that we are able to offer Nokia Siemens Networks and PassivSystems the additional space they require to grow their business.”

Advising agent for Moorfield, Richard Deal of Deal Varney said “Huawei needed to be near to Vodafone in Newbury and looked at all the options before deciding on the Business Park, the premier location in the Town. The letting underlines the popularity of Newbury Business Park and the flexible offer available.”

Benefitting from Tesco Superstore and M&S Simply Food on its doorstep, Astor House at Newbury Business Park currently has suites available from 1,300 sq ft to 10,200 sq ft. Astor House is a self contained 2 storey office building benefiting from a comprehensive refurbishment programme.

Deal Varney and Campbell Gordon advised Moorfield Group.