M&G sell Sainsbury’s, Reading

Forge have advised M&G Real Estate on the successful disposal of 7-8 Broad Street, Reading.

The Property, which is let in its entirety to Sainsbury’s, is situated in a 100% prime trading location on Broad Street, with neighbouring tenants including Primark, John Lewis, M&S and JD Sports.

Following a competitive bidding scenario, Forge secured an excellent outcome for our client, underscoring sustained confidence in well-let High Street assets in prime locations.

It was a pleasure to work with Neil Edwards and Oliver Jordan, who represented the purchaser, and thanks also to Jessica Dutton of CMS for her legal counsel.

To discuss this or other opportunities, please contact Jonathan Mills or Joe Baio.