Frasers Property-led consortium tops bid for Bayshore Drive site in Singapore at $1.6 billion
Frasers Property-led consortium tops bid for Bayshore Drive site in Singapore at $1.6 billion July 15 (Reuters) - A consortium led by Frasers Property FRPL.SI and Frasers Centrepoint Trust FCRT.SI (FCT) emerged as the top bidder for the prime Bayshore Drive site in Singapore, offering S$2.1 billion ($1.64 billion), the companies said in a statement on Wednesday.
($1 = 1.2900 Singapore dollars)
(Reporting by Aamir Shaik Khalid in Bengaluru; Editing by Shailesh Kuber)
Recent news on Frasers Property
See all newsSingapore's Frasers Property full-year revenue rises 6.8%
Brief: Frasers Property Posts FY Net Income Attributable Of SGD300.128 MLN
Brief: Frasers Property Says Co & Mitsubishi Estate To Jointly Redevelop Valley Point & Fraser Suites Singapore
Brief: Frasers Property Announces Pricing Of S$1.75 Million In Aggregate Principal Fixed Rate Notes
Brief: Frasers Property Acquires Cuppage Terrace For S$175 Million