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Thames Valley, 18 June 2007 Deriaz Slater Commercial has successfully acquired 95,559 sq ft of office space at Discovery Place, Farnborough on behalfofICM Business Continuity Services PLC, a leading provider of Disaster Recovery and Business Continuity solutions.

The 5-year-old building will be used as a new regional business continuity centre by ICM, in order to offer localised replacement work area and IT facilities to major customers in the immediate and surrounding areas as well as City based clients seeking secure out of London facilities that combat wide-area incidents. The current leasewhich runs until 2016 at a passing rent of £2,204,659 pa was assigned with an undisclosed premium being paid to ICM.

Mike Osborne, Managing Director at ICM was delighted with the facility, “The site will arguably become the leading facility of its kind in the UK and is ideally placed to support a combination of the Thames Valley, City and South Coast Markets given that it is ideally situation for road, rail and air transport with all target markets easily accessible within a hour’s travel”

Paul Deriaz Senior Partner of Deriaz Slater Commercial comments, “It was absolutely key to identify a clean, modern, and secure office location in order to provide effective business continuity coverage. The building is designed to high corporate standards in terms of technology, communications and facilities. It was therefore an ideal match for our clients specific requirements, and we are very pleased to acquire these premises in the flourishing Thames Valley region.”

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