Prupim, the real estate investment management arm of M&G Investments, has leased 8,400 sq ft of commercial office space to Fleetmatics (UK) at Imperium in Reading.
Fleetmatics (UK), suppliers of fleet management solutions for small and medium-sized businesses, has leased the ground floor office space for ten years, with a break at five. The relocation to new premises in Reading is driven by Fleetmatics’ business expansion following its recent initial public offering on the New York Stock Exchange.
Aaron Pope, associate director, asset management at Prupim, says: “Reading is home to many global brands so premium office space is always in demand. We look forward to welcoming Fleetmatics (UK) Limited to Imperium in April and supporting its business relocation and expansion in the UK.”
Prupim was advised on the letting by Savills and Campbell Gordon, and Fleetmatics (UK) Limited was advised by LSH.