Massive Deal for Green Park

Posted by UK Property Forums on 3rd April 2025 -

Green Park has let almost 160,000 sq ft to the Global Combat Air Programme (GCAP), a joint initiative between the UK, Japan and Italy to develop a next-generation combat aircraft.

CoStar News has revealed the deal after the Government confirmed in January the global headquarters would be in Reading but no details of where.

CoStar has now revealed it has signed for two buildings at Green Park; the 45,000 sq ft 350 Brook Drive, previously occupied by CGI, and 111,000 sq ft 400 South Oak Way, which is set to be vacated by PepsiCo when it relocates to One Station Hill.

Defence Secretary John Healey MP said in the Government’s January announcement: “With increasing instability across the world, it is more important than ever that we strengthen cooperation with our international partners like Japan.

“Minister Nakatani and I have highlighted the positive progress being made on our important next-generation fighter jet programme, to strengthen our security cooperation.

There are many miles between our two nations, but the UK and Japan stand closer together than ever in support of peace and security across the globe.”

There are more than 3,500 people, including engineers and programmers, working on the GCAP across the UK.