Date published: 01.09.08 - not release date

Avanta announces launch of new business centre in Reading

Serviced office company Avanta has announced plans to expand its operation by opening its first business centre outside London. Avanta has joined forces with property asset management company, the Asset Factor, to take over the full liabilities of Prudential’s lease at Dukesbridge House – a 22,000 sq ft office building in Reading. Avanta and The Asset Factor will operate the building as a serviced office.

The deal, which is the 1st of a number Avanta and The Asset Factor hope to complete on buildings in Prudential’s property portfolio, takes responsibilities for the building away from the landlord, but allows Prudential the flexibility to use the space for project work at any time in the future.

Dukesbridge House is a three storey building offering 22,000 sq ft of high quality office space in a prime location, overlooking the River Kennet and adjacent to the Oracle, in the city centre of Reading. Avanta has already begun to fit-out the building, and when opened as a business centre in April this year, it will offer 250 work stations to potential occupiers.

Avanta’s MD, David Alberto, said; ‘We were delighted to work with The Asset Factor to extend further our offer to corporate clients such as the Prudential. We are excited by the opportunity of extending our successful business model into the corporate occupancy arena of assisting businesses make better use of their space both in terms of reducing cost and enhancing efficiency of occupancy.”

He further stated, “This is another stepping stone in the company’s growth. We have enjoyed rapid and consistent expansion in the last two years and this year we expect to announce the opening of more London serviced offices.”

Avanta currently operates seven business centres in prime locations across London, offering highly flexible, unbranded office space, with advanced and competitively priced business technology, tailor made to meet the requirements of the company, whatever shape or size.

The announcement of the new Reading business centre coincides with the launch of the company’s new virtual office service – Avanta Virtual PA. Designed to offer businesses a complete package of office support but without the actual office space, Virtual PA can deliver a full range of business centre facilities to home workers, business start-ups, professionals on the move, or larger organisations seeking a market presence in London.

Aligned to the launch of the Virtual PA, is the Avanta meeting and training room service (MTR). For companies who wish to hire space for a board away day or brainstorm session, a day’s interviewing or seminar and training, Avanta can offer meeting rooms complete with audio and video conferencing. Also part of the Reading Meeting & Training Room package will be catering and basic secretarial services, while specialist meeting coordinators are available to take care of the smallest detail.

ENDS


Notes to Editors

Avanta is an emerging name in the serviced office market, with a rapidly growing portfolio of office suites in prime locations across London. The company was formed in 2004 by David Alberto, previously with Regus and former MD at MWB Business Exchange. Avanta can offer highly flexible, unbranded office space, with advanced and competitively priced technology, tailor made to meet the requirements of the occupier. The company manages a total of 260,000 sq ft of office space across seven locations, with an average occupancy rate of over 90%.


For further info, contact:

PR agency contact:
Richard Stocks
FD Tamesis
Holborn Gate
26 Southampton Buildings
London
WC2A 1PB
richard@tamesis-pr.com
Tel: 020 7269 9355

Avanta contact:
David Alberto
Avanta Management Services Ltd
1 Hammersmith Grove
London
W6 0NB
Tel: 0203 008 6000
http://www.avanta.co.uk/