SUBSCRIBERS

FCL's Aussie unit buys 135ha site in Queensland

Published Thu, Feb 11, 2016 · 09:50 PM

Singapore

REAL estate developer Frasers Centrepoint Ltd's (FCL) Australian unit has bought a 135 hectare site in south-east Queensland that has an "end value of S$270 million", the group said in a Singapore Exchange filing on Thursday.

Frasers Property Australia acquired the site at Bahrs Scrub, halfway between Brisbane and the Gold Coast, from Australian property group Stockland with planning approval and an infrastructure agreement in place for the core land, …

BT is now on Telegram!

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