One Valpy, Reading

Pre-acquisition due diligence support and competitive new technology tender process for FORMA's Reading property.

One Valpy, Reading

Clients & accreditations

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The project

Building Size: 64,000sq ft

Location: Reading

Services: Building Audit and Consultancy

Trustek were appointed by FORMA as part of the pre-acquisition due diligence for One Valpy in Reading. We were brought in to understand the existing technologies deployed within the asset through a full audit of the property. We then identified any gaps in the technology stack for data collection and customer experience. Both activities had a particular focus on ESG data collection for FORMA.

The learnings from these investigations were factored into the asset strategy, enhancing FORMA’s drive to reposition the asset to support the ongoing letting campaign and retention of existing occupiers.

Following the successful acquisition of One Valpy in October 2022, we were appointed to run a competitive tender to install new access control technologies as part of the wider strategy for the building. Trustek were able to provide competitive tender quotes saving FORMA significant costs without compromising in the solution to be installed.

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Authors of the project

Freddie Pritchard-Smith


Freddie Pritchard-Smith

Freddie has a foundation in commercial real estate having worked for over 10 years with some of the most prestigious landlords in the Central London office market such as LaSalle Investments, Shaftesbury and Blackstone. Back in 2018 he pivoted his career to build and launch a tenant engagement mobile app and smart building platform call Savvy. Savvy deployed in 15 numerous buildings across the country and is used by thousands each day as well landlords like Derwent London and Clearbell. Freddie’s background in both real estate and technology enables him to understand the nuances in both commercial and technology development processes. It also drives his passion for seeing underutilised proptech succeed and ensure that any technology provides an enjoyable experience for customers

About me

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