Frasers Logistics & Commercial Trust (FLCT) has acquired a freehold logistics property at West Road, Hooton Park Airfield, Ellesmere Port in Cheshire, North West England in the UK from leading UK developer, Stoford Properties.
The property was acquired by FLCT Ellesmere Trustee 1 Limited and FLCT Ellesmere Trustee 2 Limited as joint trustees of FLCT Ellesmere Trust. FLCT Ellesmere Trust is a sub-trust that’s wholly owned by FLCT.
The property is yet to be developed. It will sit on a 14.41-hectare site and will have a total lettable area of 667,185 sq ft. The property will be developed by Stoford to high specification and sustainability standards and will be certified as net zero carbon in operation for the base build works. FLCT will fund the development by Stoford.