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FCL, FCOT buy UK business park for £174.6m

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Published Thu, Dec 14, 2017 · 09:50 PM

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FRASERS Centrepoint Limited (FCL) and the manager of Frasers Commercial Trust (FCOT) on Thursday said their subsidiaries have entered into a share purchase agreement to acquire on a 50-50 basis Farnborough Business Park (FBP) in the United Kingdom for £174.6 million (S$314.8 million).

The seller is HEREF Farnborough Holdco, which holds the title to the property.

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