Frasers Centrepoint Trust sells Changi City Point for $338 mil
Frasers Centrepoint Trust (FCT) has announced that it is divesting Changi City Point for a consideration of $338 million in cash. The REIT’s trustee, HSBC Institutional Trust Services (Singapore), had entered into a sale and purchase agreement with an unrelated third party on Aug 30. The consideration was negotiated on a willing-buyer-willing-seller basis after taking […]