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Companies

Thai Billionaire’s Frasers Property Buys Prime Singapore Restaurant Space For $138 Million From Royal Holdings

Forbes - Business · 2h ago · 🇸🇬 Singapore

Thai Billionaire’s Frasers Property Buys Prime Singapore Restaurant Space For $138 Million From Royal Holdings

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.

Read the full story at Forbes - Business →

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