Fiera Real Estate UK’s £12 Million Acquisition In Loughborough

In UK Forsters LLP, advised on the matter.

Forsters LLP advised Fiera Real Estate with a team including Helen Streeton (Picture – Real Estate).

Fiera Real Estate UK acquired a 6.1 acre site in Loughborough for over £12million.

The property was acquired by Fiera Real Estate Long Income Fund UK (“FRELIF”) by way of a purchase and leaseback to Meggitt Aerospace Ltd for a term of 20 years.

The site provides a total of 98,868 sq ft across four main buildings situated within one mile of junction 23 of the M1. The cities of Nottingham and Leicester, both dominant economic centres for the East Midlands region, are 19 miles north and 13 miles south respectively.

Forsters’ Commercial Real Estate Partner Helen Streeton (Picture) and Senior Associate Jade Capper advised on the deal.

Involved fees earner: Jade Capper – Forsters LLP; Helen Streeton – Forsters LLP;

Law Firms: Forsters LLP;

Clients: Fiera Real Estate;

Author: Giulia Di Palma