• Reit for Frasers Centrepoint

Frasers Centrepoint, the Singapore-based property developer, is to seek approval from its shareholders to set up a Reit to hold its hotel assets.

Reports suggest that the Reit will initially hold six serviced residence properties from Frasers Centrepoint, as well as six hotels from Frasers Centrepoint’s majority shareholder TCC Group.

Read the full story here: http://www.straitstimes.com/news/business/companies/story/frasers-centrepoint-takes-step-closer-listing-hospitality-reit-2014051

Share →