Transactions - AUGUST 28, 2020

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LaSalle Investment sells U.K. business park for €86m

by Andrea Zander

Singapore-based Straits Trading has acquired Bourne Business Park, a 16,942-square-meter (182,364-square-foot) office facility in Addlestone, Surrey, according to a statement.

The sales price was £76.7 million (€85.96 million/$102 million). The property is strategically located near established transport links and has a current occupancy of 96 percent leased to office tenants spanning across various industries.

The seller was not undisclosed; however, Mingtiandi reported LaSalle Investment Management was the seller.

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