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Frasers Centrepoint in A$464m sale, leaseback of Sydney hotel

Frasers Hospitality Reit's sub-trust to be given 75-year leasehold interest in Sofitel Sydney Wentworth

The title to the Sofitel Sydney Wentworth will revert back to the Frasers Centrepoint group, upon the expiry of Frasers Hospitality Reit's leasehold interest.


MAINBOARD-LISTED Frasers Centrepoint Limited (FCL) has announced its proposed A$464 million (S$488 million) sale-and-leaseback arrangement of Sofitel Sydney Wentworth, the iconic heritage-listed hotel in Sydney, Australia.

Frasers Sydney Wentworth Trust, an indirect

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