SUBSCRIBERS

Frasers Centrepoint buys 4 business parks in UK

The properties, acquired by Frasers Property International, mark a new market segment for group; subsidiary also enters into conditional agreement to buy 5th UK business park

Published Mon, Sep 11, 2017 · 09:50 PM

Singapore

FRASERS Centrepoint Limited (FCL) has agreed to buy four business parks in the United Kingdom from Oaktree Capital Management LP for about £686 million (S$1.2 billion), a move that marks the property group's foray into a new market segment.

On Mo…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes