Frasers Commercial Trust Jointly Acquires Farnborough Business Park
By Investment Moats  •  December 20, 2017

On Dec 14, Frasers Commercial Trust (FCOT) announced that, together with parent Frasers Centerpoint Limited (FCL), will jointly acquire a prominent business park west of London.

The Business Park is valued at 175 mil pounds (SG$315.6 mil) and would be acquired by the JV  at 175 mil pounds (SG$315.5 mil). FCOT will pay 88 mil pounds (SG$158.7 mil) for their 50% share.

Any outstanding rent free incentives granted by the existing owner of the property will be paid to the JV. There is a car showroom that will be completed in Jan 2019. The existing owner will pay a monthly contracted rent and service charges from this time till the car showroom is completed.

According to FCOT:

  1. FCL has local network and experience in UK, which is their 3rd major market after Singapore and Australia. They have been operating there for the past 15 years
  2. The business ...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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