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FRASERS CENTREPOINT

FCL's Aussie unit a potential asset pipeline for Singapore Reit

But acquisitions likely to happen only in the medium to long term
Tuesday, November 10, 2015 - 05:50
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MR LIM: The past undersupply in the Sydney housing market has not been met, he says, adding that there is an 180,000-unit shortfall in supply for the Sydney residential market.

Singapore

THE recently minted retail business unit of the Australian arm of Frasers Centrepoint Limited (FCL) could potentially provide a pipeline of assets for acquisition by the group's Singapore-listed shopping centre Reit.

It makes sense for Frasers Centrepoint Trust (FCT) -

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