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Transactions - JANUARY 23, 2020

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Frasers Property to acquire London business park for $177m

by Andrea Zander

Singapore-based Frasers Property has plans to acquire the London business park Lakeshore, Bedfont Lakes, for £135 million (S$238 million/$176.88 million).

The seller is Bedfont Lakes Holdings, which holds the freehold interest in Lakeshore, Bedfont Lakes.

The park, which is located at Bedfont Lakes, Feltham, Middlesex, comprises three individual high-specification office buildings and has a net lettable area of 25,270 square meters (tk square feet).

 

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