Ducalian Complete the Fundraising for Storage Venture in Littlehampton.

Ducalian has completed the fund raising for its £2,825,000 Littlehampton self-storage project. Ducalian raised the money via a network of sophisticated investors with the minimum subscription being £50,000.

Ducalian, the property adviser and sponsor of the Partnership, have utilised Consortium Investment Management to operate the collective investment scheme, which saw funds raised into both an English Limited Partnership, and an exempt property unit trust – allowing investors the option of direct investment, or investment via a SIPP.

After tendering for the main build contract, Ducalian Developments have selected Active Supply & Design as the contractors, who are currently on site conducting the fit-out with completion scheduled in July.