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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

- 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)

((Aamir.SheikKhalid@thomsonreuters.com;))

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