Fladgate advises on launch of £47m fund

Our team: Ella Leonard

Fladgate LLP has advised the promoter on the launch of a new Tritax property fund. The fund raised over £47 million which was used for the purchase of a distribution warehouse let to one of the world’s largest on-line retailers. The state-of-the art warehouse, based in Dunfermline, north of Edinburgh, is 1 million sq ft, the equivalent of 22 football pitches.

The investment was particularly attractive as it offered private investors a high yielding, asset-backed opportunity.

Fladgate investment fund partners Ella Leonard and Philip Turner advised Tritax.

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