News about Frasers Centrepoint Trust —
Frasers Centrepoint Trust in talks to sell White Sands mall for over S$470 million
Frasers Centrepoint Trust (FCT) is in the process of selling its White Sands shopping mall in Pasir Ris, with local private equity firm TE Capital said to be in exclusive due diligence for the deal....read more on The Business Times
The Business Times understands that the suburban retail property could fetch over S$470 million, implying an exit yield of around 4.5 per cent.