Thames Valley: FCL completes Winnersh Triangle acquisition
Frasers Centrepoint (FCL) has completed its acquisition of Winnersh Triangle business park as part of a portfolio of business parks across the UK, including Chineham Park in Basingstoke and Watchmoor Park in Camberley.
The portfolio totals close to five million sq ft of prime assets in core locations outside of London.
Winnersh Triangle is an office and technology park located close to junction 10 of the M4, near Reading. The 90-acre business park totals 1.5 million square feet and is occupied by over 60 companies employing more than 5,500 people.
Frasers Centrepoint is a full-fledged international real estate company and one of Singapore’s top property companies with total assets of around £14 billion as at June 30, 2017. FCL has three strategic business units – Singapore, Australia and Hospitality, which focus on residential, commercial, retail and industrial properties in Singapore and Australia, and the hospitality business spanning more than 80 cities across Asia, Australia, Europe, and the MENA region. FCL also has an international business unit that focuses on China, Europe, and Southeast Asia.
