Thai Billionaire Charoen’s Sirivadhanabhakdi’s Frasers Property Buys Part Of Singapore Mall In $310 Million Deal

Thai Billionaire Charoen’s Sirivadhanabhakdi’s Frasers Property Buys Part Of Singapore Mall In $310 Million Deal

Frasers Property is bolstering its ownership of The Centrepoint retail complex in Singapore's Orchard Road shopping precinct amid strong appetite for commercial properties in the city-state.

Frasers Property acquires rear block of The Centrepoint for S$391.9 million

Frasers Property also fully owns 51 Cuppage Road, a 10-storey office building linked directly to The Centrepoint.

Rear block of The Centrepoint sold en bloc to Frasers Property for $391.9m

Frasers Property secures the leasehold rear block of The Centrepoint for $391.9m, consolidating its ownership on Orchard Road. Read more at straitstimes.com.

Frasers Buys Centrepoint on Singapore's Orchard Road for $310M

Singapore-based Frasers Property has won the collective sale tender for the rear block of The Centrepoint for S$391.9 million ($309.9 million), consolidating its ownership of the mixed-use complex in the Lion City’s Orchard Road retail strip. The rear plot at... Read More>> The post Frasers Buys Full Ownership of Centrepoint on Singapore’s Orchard Road for $310M appeared first on Mingtiandi.

Frasers Property defends turf with S$391.9 million acquisition of The Centrepoint rear block

This will allow Frasers Property to consolidate adjoining sites for a major redevelopment in the future