Frasers buy in Bedfont

Singapore based investor Frasers Property has bought Cisco’s Bedfont Lakes headquarters building.

The developer has signed a sale and purchase agreement to acquire Lakeshore, three buildings at the Bedfont Lakes business park in Feltham near Heathrow, for £135 million from private investment bank Evans Randall.

The 272,000 square feet complex is entirely occupied by tech giant Cisco – its UK headquarters. Frasers already own a number of UK business parks. Other buildings at Bedfont Lakes are occupied by BP, Stratus Technologies, Targus, and Lindt.

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