ACRE Capital have advised Federated Hermes on the sale of The Anchorage in Reading town centre, to Corum.
The Anchorage is multi-let to 3 offices tenants with a WAULT of 5.2 years. The passing rent is £712,720 per annum, which reflects an average overall rent of £24.44 per sq ft.
Property Type: Office
Transaction Type: Disposal
Client: Federated Hermes