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Frasers Centrepoint Trust's proposed acquisition of AsiaRetail Fund comes as suburban malls show resilience

Analysts positive on addition to portfolio and sale of underperforming Bedok Point

Singapore

FRASERS Centrepoint Trust's (FCT) proposed acquisition of the rest of AsiaRetail Fund (ARF) will boost the real estate investment trust (Reit)'s suburban portfolio even as suburban malls are expected to recover more strongly from the negative impact of Covid-19 than their...

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