Frasers Property UK expands its technology and finance portfolio at Chineham Park with three new deals

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PEAC Solutions, AuDeo and RentalTec have taken up 6,851 sq. ft. of space at Chineham Park in Basingstoke

Frasers Property UK has secured deals with AuDeo, RentalTec and PEAC Solutions at the award-winning Chineham Park in Basingstoke, Hampshire.

AuDeo provides highly productive meeting spaces and audio-visual solutions for businesses, improving and enhancing workplace and meeting experiences. The workspace technology specialists will be creating a new central hub for its sales, technical support, installation, and office teams at its new space at 6B Beechwood.

Bradley Davis, Commercial Director at AuDeo said: “We’re really impressed with Chineham Park. The park has a great atmosphere and brilliant facilities in a central location with good transport links for our teams. The flexibility of the new office space has allowed us to combine our head office and warehouse teams together, and we’re excited to have a space for our Experience Center where we can demonstrate our latest audio visual and meeting room technologies.”

Chineham Park has also welcomed RentalTec, a rental solutions business who fulfil and accelerate testing, measurement and commissioning requirements across the telecom, aerospace, defence and automotive industries. The rental provider will be welcoming its UK sales team to 8 Cedarwood as the new commercial location for its UK activities.

Paul Hornigold, Chief Operating Officer at RentalTec said: “The set-up of Chineham Park is aligned with our business as forward thinking and well organised, and Frasers Property’s commitment to business retention mirrors our own ethos. The location and overall infrastructure at Chineham Park were the deciding factors for us, and we cannot commend the professionalism we received from the teams throughout the entire process enough.”

 

Frasers Property UK has also secured leading multinational asset finance platform, PEAC Solutions, who have taken up 2,782 sq. ft at 11-12 Cedarwood. PEAC Solutions specialises in providing innovative finance solutions to direct customers, equipment manufacturers, distributors, and dealers across a wide range of targeted industries and asset classes. PEAC Solutions will be moving its teams from its previous Basingstoke location to the new space at Chineham Park which will be used for office-based solutions and to host visitor meetings.

 

Steve Bolton, Managing Director at PEAC Solutions said: “The opening of our new office marks a fresh start for our team as well as the next step for the PEAC Solutions business in the UK. Our people are at the heart of everything we do and our bright and modern space in Chineham Business Park serves as a fantastic base for them, offering everything they need to continue to deliver excellent service to our customers and partners. We’re proud to have made the move for our colleagues, demonstrating our ongoing investment in them and we look forward to involving ourselves in the community here in the years to come.”

These three new deals build on the recent success at Chineham Park after the park welcomed Milexia UK in May, who took 8,750 sq. ft. at 3 Hazelwood and consolidated its finance, operations, sales and marketing and engineering teams within the new space.

Chineham Park, which is owned and managed by Frasers Property UK, is a high-quality 815,000 sq. ft. mixed-use business park, with a wide range of first-class buildings and amenities including an on-site gym, cafe and nursery, surrounded by ample open green spaces that present the perfect opportunity for welcoming wildlife and ecology to better benefit occupiers, the local community, and the planet.

 

Alongside its strong transport infrastructure and sustainability credentials, Frasers Property’s efforts to enhance the well-being of occupiers at Chineham Park has attracted notable brands such as Milexia UK, Conair, TurtleBeach and InstaVolt to its premises. The park provides agile workspaces for today’s diverse workforce, complemented with expansive outdoor and green spaces that supports tenants and occupiers’ well-being.

Chineham Park is known for its commitment to health and well-being and has an award-winning landscaped exterior. The park has achieved a 2-star Fitwel rating, Green Flag Award and Green Apple Awards. Chineham Park is also one of only three business parks in the UK to be awarded the Wildlife Trust’s Sustainability Benchmark.

 

Hayley MacAllister, Senior Asset Manager at Fraser Property UK said: “At Frasers Property UK, our high-quality spaces are designed to cater to future ways of working and enhance daily life, to support the continued growth and success of our occupiers. Our mission at Chineham Park to prioritise well-being and productivity amongst a thriving business community has created an ideal environment for our occupiers to excel and we look forward to welcoming AuDeo, RentalTec and PEAC UK.”

Frasers Property UK was represented by CBRE and Hollis Hockley, and PEAC Solutions was represented by Stream Limited.