Vodafone’s UK headquarters campus, acquired in a sale-and-leaseback transaction and being transformed into a business, science and innovation campus.
In January 2023 IQON Capital completed the acquisition of The Connection from Vodafone Group. Constructed in the early 2000s, the campus has served as Vodafone’s UK headquarters and comprises seven office buildings with a net internal area of 486,810 sq ft (45,226 sqm), set on 38 acres (15 hectares) of landscaped grounds in Newbury, Berkshire.
Following its 2022 shift to a blended working model for its 10,000 UK employees, Vodafone entered into long-term leases on four of the seven buildings, confirming its commitment to Newbury. The remaining three properties will be comprehensively refurbished into newly re-designed, highly sustainable workplaces, upgrading the campus into a modern business and innovation campus.
