Thai Billionaire’s Frasers Property Buys Prime Singapore Restaurant Space For $138 Million From Royal Holdings
What happened
The acquisition of Cuppage Terrace comes six months after the developer bought the plot behind The Centrepoint shopping complex for $308 million. With Frasers Property owning the mall and the adjacent properties, the group could take a coordinated approach to enhance the asset and create long-term value.
Summary assembled by rule from the sources below