frasers property

Frasers Property to redeem S$300 million worth of 4.38% perpetuals on Jan 17

The securities are part of its S$5 billion multi-currency debt issuance programme

Major groups may have good reasons to privatise listed hotel-owning entities.
THE LEVEL GROUND

Owning luxury hotels is tough but can be richly rewarding for patient capital

Jardine Matheson and Frasers Property could gain from hotel ownership over the long term

CIMB Singapore's Benjamin Tan (left) and Frasers Property Singapore's Adrian Tan sign the agreement marking the five-year partnership between the two entities.

Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions

One of these loans will link repayments to daily revenue, allowing businesses to repay only when they earn

Frasers Hospitality and FHT say the property in Bugis remains a “key asset” of Frasers Hospitality.

InterContinental Singapore in Bugis to close; Frasers-owned property to be rebranded

Marriott International is understood to have been shortlisted to operate the 406-room, 16-storey hotel

Lim Hua Tiong will take on the added role of helming the company in Thailand from Oct 1.

Frasers Property’s emerging markets chief to take on additional role of Thailand CEO

Lim Hua Tiong is set to replace Thanapol Sirithanachai, who will continue to serve on the board

Ion Orchard is part of CapitaLand Integrated Commercial Trust's portfolio. The trust monitors occupancy costs by trade categories, as each business type has different operating models and margins.

Singapore mall landlords are adapting to changing consumer habits, but there’s room for new approaches

Suggestions from market players include mixed-use developments that will ease reliance on rents and tapping underused spaces for pop-ups

The lots are located in Yishun 10, the strata-titled development next to the Northpoint City mall (above).

Frasers Property unit to buy rest of Yishun 10 complex from Frasers Centrepoint Trust for S$34.5 million

FCT says net proceeds from the sale of the 10 strata lots to its sponsor will be used to repay debt and lower its aggregate leverage

This is the second time in three years that Frasers Property has attempted to privatise the stapled group.

Second attempt to privatise FHT succeeds with 99.2% of units represented in favour

The offer price, which values the trust at S$1.37 billion, implies a premium of 11% over its NAV