Frasers Property plans to sell stakes in five properties to Thai conglomerate
Real Estate
The five assets, valued at S$1.1 billion, are spread across Singapore, Malaysia, the UK and Japan. SINGAPORE: Frasers Property is proposing a restructuring of its hospitality portfolio involving about S$2.1 billion (US$1.6 billion) of assets. The multinational real estate company is looking to sell its 63.28 per cent stake in five of its properties to TCC Group Investments Limited (TCCGI), the existing co-owner of Frasers Hospitality Trust’s (FHT) portfolio, Frasers Property announced on
din zilele anterioare