Station Hill named Regeneration Project of the Year at the 2025 Thames Valley Property Awards

Station Hill — Reading’s landmark £850 million mixed-use regeneration led by the Lincoln MGT joint venture between Lincoln Property Company and MGT Investment Management — has been named Regeneration Project of the Year at the 2025 Thames Valley Property Awards.

The prestigious accolade, presented at a ceremony hosted by The Business Magazine in association with Insider Media, recognises developments that deliver lasting social and economic benefit to the Thames Valley. Judges praised Station Hill for its scale, ambition and transformative impact on Reading, describing it as “a benchmark project redefining the heart of the town.”

Delivered by Lincoln MGT, Station Hill is one of the UK’s most significant regeneration schemes, creating a vibrant new destination that brings together homes, offices, retail and leisure around two acres of landscaped public realm directly connected to Reading Station and the Elizabeth Line.

The masterplan will deliver up to 625,000 sq ft of prime office space, 1,300 new homes, and 95,000 sq ft of lifestyle-led retail and leisure, establishing a new focal point for business, residents and visitors in the Thames Valley.

Alex Aitchison, UK Managing Director at Lincoln Property Company, said: “This award is a fantastic recognition of the vision and collaboration behind Station Hill. Together with MGT, we’ve sought to create a sustainable, connected and thriving destination that reflects the energy of Reading and the wider Thames Valley. We’re delighted to see that vision being celebrated across the industry.”

The win adds to a growing list of accolades for Station Hill, including the  BCO Regional Award for Best Commercial Workplace, a CoStar Impact Award, and a previous Thames Valley Property Award for Property Deal of the Year. Together, these honours highlight Station Hill’s position as one of the UK’s most forward-thinking and successful regeneration projects — a transformative development reshaping the future of Reading and the Thames Valley.