It is located to established transport links and has a current occupancy rate of 96% to office tenants across various industries.
The Straits Trading Company’s subsidiary Straits Real Estate (SRE) is acquiring a freehold business park known as Bourne Business Park in Addlestone, Surrey, England, UK, for a total cash consideration of £76.7 million ($137.9 million).
The property is a prime business park with six standalone office buildings of a total of some 182,364 sq. ft. of net lettable area under a single freehold ownership.
