Thai Billionaire Charoen Sirivadhanabhakdi’s REIT To Sell Singapore Mall For $250 Million

Frasers Centrepoint Trust (FCT) has agreed to sell a suburban shopping mall in Singapore for S$338 million ($250 million), helping the real estate investment trust deleverage amid soaring interest rates.

Sep 3, 2023 - 22:33
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Thai Billionaire Charoen Sirivadhanabhakdi’s REIT To Sell Singapore Mall For $250 Million
Frasers Centrepoint Trust (FCT) has agreed to sell a suburban shopping mall in Singapore for S$338 million ($250 million), helping the real estate investment trust deleverage amid soaring interest rates.

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