Winnersh Triangle – contractual dispute

Our client, a property company, had previously owned a commercial site of circa 1.5 million sq ft at Winnersh Triangle business park.  The site comprised offices, warehouses, data centres, a hotel and retail uses.

A significant damages claim was brought against our client in relation to an alleged contract breach concerning a potential disposal.

Our client appointed DWD to provide expert valuation evidence to the High Court to assess the Market Value of the Business Park which was in excess of £350m.  This was critical to the client’s case.

Having DWD’s expert valuation as part of the evidence presented assisted the Parties in reaching a negotiated settlement in advance of a High Court hearing.